The Inclusive on Courtland | 38, 34, 30 & 29 fl | Proposed

[ZEBuilder]

Looks like Vive has bought this property and is planning to build 5 towers up to 35 floors. Expect this to look a lot more like the original proposal then the one proposed by Spotlight. Seems like land prices for large parcels are dropping significantly. Vive purchased the property for $5.75 million less than Spotlight paid for it a couple years ago.   

I mentioned this months ago with the outcome of the receivership, Vive got it from that. Don't expect Vive to move on this soon, as much as Litt may sound like there will be shovels in the ground soon (2026).

Litt said similar things with respect to 332 Charles and 87 Weber and there's no action on those yet.

Vive has permits pending on 1001 King and 332 Charles, has SPA approved or in progress on the CTV site, and 1251 King.

They also have permits pending on 926 King (in partnership with Corley).

[ZEBuilder]

This has an SPA now, I think ac3r mentioned it in the general thread awhile ago.

"Phase 1 of the overall development  consisting of 592 dwelling units within a 36-storey tower on a five (5) storey podium with eight (8) commercial suites facing Courtland Avenue. Phase 1 represents the initial stage of a five-phase comprehensive mixed-use development proposed for the subject lands as per the conceptual master plan."

Keep in mind this is one of the projects Vive has put on hold given the water supply issue.

[KevinL]

Why five phases if there are four towers?

[ZEBuilder]

Why five phases if there are four towers?

4 towers is the original plan from Spotlight and Vierra Village before that, with Spotlight going into receivership Vive subsequently bought the property and has switched up the plan.