09-08-2024, 03:34 PM
(09-08-2024, 02:39 PM)tomh009 Wrote:(08-27-2024, 08:13 PM)ZEBuilder Wrote: Full demolition of this building is expected to start tomorrow. The demolition is being done by Romeo Demolition and Excavation (Vive's go to for demo), there will be demolition, removal of an underground storage tank as well as soil remediation.
There are no other permits applied for other then demo at this point, so it seems that Vive is getting the prep work done for this and 332 Charles St.
Romeo has indeed been busy.
It looks like Vive will have three major projects on the go: this one, Lower Kitchener and 332 Charles E. They had four active ones before (Ophelia, Maverick, Market Flats and Borden Ave N) but these ones are significantly larger buildings. I expect that as Vive has built up credibility in developing and managing rental buildings they are now having an easier time finding financial partners for new development projects.
Vive also has their project down at King and River going on which will be topped out by the end of the year, with phase 2 and 3 of that still to come, so it might be 4 going on.