It’s fair to say that the Entertainment District is one of the areas of Toronto that has benefitted the most from the condo boom. Developers like The Daniels Corporation, Urban Capital, Pinnacle International, and CentreCourt Developments are in the midst of bringing some pretty significant developments to the area. Also, the highly anticipated Mirvish+Gehry project is in the proposal stage. Just when you thought that the Entertainment District was full, another condo gets proposed!

Greenpark’s plans for 40 Widmer St.

According to an application filed with the City of Toronto, Greenpark is seeking permission to build a new 40-storey condo at 40 Widmer. The tower, which will be designed by Graziani + Corazza Architects Inc., will feature 380 suites, ranging from bachelor to three-bedroom units. The site will also be home to 73 parking spaces in 4 levels of underground parking, as well as 388 bicycle parking spaces.

The transformation of the Entertainment District

Once an area known for its nightlife, the Entertainment District is quickly transitioning into an neighbourhood with a full mix of entertainment options, dining, and housing. We are sure some of the club goers may not be as happy with this transition as we are, but the city is evolving, and the Entertainment District is leading the charge.

The developers behind the change

Widmer St. has been very popular over the past few years. It started with Cinema Tower by Daniels, which is scheduled for completion for later this year. The Monarch Group and The Goldman Group have also teamed up at Picasso on Richmond, which is located just at the northern end of the street. 40 Widmer is currently a series of low-rise victorian townhomes, which have not been deemed heritage.

What are your thoughts on the proposal? Can Widmer sustain more development?

Comment below.