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Tom Falus, Brownstones, Bloor/Perth and Wallace
There is not a lot to report with respect to these lands. Since acquisition in the late spring the developer has commenced an environmental clean-up of the lands. That should be completed in the early fall.
In addition the developer has been working with the City of Toronto to assist facilitate the construction of the “rail pathway”. Part of the lands are being used to facilitate construction and part are being used as a staging area for equipment.
The development of the land will proceed . The developer will of course be guided by the market conditions and by the zoning approvals in place. However at this time there are no plans or concepts to discuss.
If you wish to speak with me I may be reached at 416 483 1066 x 114.
Sincerely
D R McKerron