'ECONOMIC IMPACT STUDY of Bike Lanes in Toronto's Bloor

Total Page:16

File Type:pdf, Size:1020Kb

'ECONOMIC IMPACT STUDY of Bike Lanes in Toronto's Bloor ECONOMIC IMPACT STUDY of Bike Lanes in Toronto’s Bloor Annex and Korea Town Neighbourhoods Project Team: Project Lead: Nancy Smith Lea, Toronto Centre for Active Transportation Research Lead/Data Collection Lead (Pre-test): Dr. Beth Savan, Principal Investigator, Toronto Cycling Think & Do Tank, School of the Environment, University of Toronto Data Collection Lead (Post-tests): Lee Vernich, Director, Office of Research, Dalla Lana School of Public Health, University of Toronto Data Analysis Lead: Dr. Steven Farber, Department of Human Geography, University of Toronto Scarborough Writer/Research Assistant: Yvonne Verlinden, Toronto Centre for Active Transportation Study Design: Daniel Arancibia, Toronto Cycling Think & Do Tank, School of the Environment, University of Toronto Research Assistant: Jeff Allen, Department of Geography and Planning, University of Toronto Survey Teams: Toronto Cycling Think & Do Tank, School of the Environment and Planning, University of Toronto (Pre-test) Office of Research, Dalla Lana School of Public Health, University of Toronto (Post-tests) Report Design: Clara Romero Icon Credits: freepik.com + flaticon.com Cover Photo: Anthony Galloro Funding Partners: City of Toronto Metcalf Foundation Bloor Annex BIA Korea Town BIA Please cite as: Smith Lea, N., Verlinden, Y., Savan, B., Arancibia, D., Farber, S., Vernich, L. & Allen, J. Economic Impact Study of Bike Lanes in Toronto’s Bloor Annex and Korea Town Neighbourhoods. Toronto: Clean Air Partnership, 2017. Table of Contents EXECUTIVE SUMMARY 4 Age and Gender Bike Lane Feedback INTRODUCTION 6 Study Purpose DISCUSSION 40 Study Objectives Study Timeline CONCLUSION 42 CONTEXT 9 ADDITIONAL CONSIDERATIONS 43 Bike Lane Configuration & Study Area Neighbourhood Context Business Context REFERENCES 44 External Pressures APPENDIX A: DATA COLLECTION DATES METHODOLOGY 14 AND TIMES Study Precedents Study Design APPENDIX B: SURVEY QUESTIONS AND Data Collected and Merchant Response Rates SCRIPTS Data Collection Timing Merchant Surveys APPENDIX C: DETAILED EXPLANATION OF Visitor Surveys ANALYSIS Vacancy Counts Bicycle Counts Data Entry and Coding APPENDIX D: DETAILED RESULTS Data Analysis Study Limitations FINDINGS 22 Merchant Sector Profiles Customer Counts Spending Visit Frequency Vacancy Rates Parking Travel Patterns Perceptions of Safety 4 | Toronto Centre for Active Transportation Executive Summary In 2016, the City of Toronto installed a bike lane as a pilot project along a 2.4 km stretch of Bloor Street, a busy downtown commercial street and east-west thoroughfare. One traffic lane and some on-street parking were removed. The Toronto Centre for Active Transportation (TCAT) was commissioned by the City of Toronto, the Metcalf Foundation, the Bloor Annex BIA and the Korea Town BIA to investigate the economic impacts – positive, negative or neutral – of the bike lane, as well as its effect on the travel patterns and attitudes of visitors and merchants. TCAT partnered with academic researchers from the University of Toronto to collect and analyze the data. Data was collected before and after the bike lane KEY FINDINGS installation over three time periods (fall 2015, fall 2016, and spring 2017) including 3,005 visitor surveys, CUSTOMER COUNTS 525 merchant surveys, and 15 bicycle counts. A • The number of businesses that reported 100 scan of business vacancies was conducted before customers or more per day increased in the study the bike lane’s installation and one year later as area on both streets. well. Data was also collected on Danforth Avenue, • Reported spending increased on Bloor and a comparable shopping street with no bike lane. Danforth at a similar rate. Four different sources of data were used to • Both before and after the bike lane, customers who arrived by foot or on bike reported higher estimate economic impact before and after the levels of spending on Bloor Street than those installation of the bike lane (after three months, and arriving by car or transit. again after eight months): 1) estimated customer • On both streets, locals (those living or working in counts from merchant surveys, 2) estimated the area) were 2.6 times more likely than those spending from visitor surveys, 3) visit frequency from coming from further away to spend at least $100 visitor surveys, and 4) business vacancy counts from per month. a street level scan. Overall, these four indicators point to increased economic activity on Bloor CUSTOMER FREQUENCY AND Street. Most merchants reported a higher number VACANCY RATES of customers than before the bike lane's installation, • After accounting for contributing factors (such visitors gave higher estimates of spending and visit as age, gender and proximity), visitors reported frequency, and vacancy rates were stable. coming to Bloor three days more per month after the bike lane was installed, while on Danforth visit However, these four indicators also showed similar frequency was unchanged. growth on Danforth Avenue, so the positive • People who arrived on foot or on bike visited Bloor outcomes may be attributable to other factors, the most often, and people who drove or took and not the bike lane. Nevertheless, these early transit visited nearly four days less per month. indicators point to a positive, or at least neutral, • Vacancy rates held steady at 6% in Bloor Annex economic impact of the bike lane. and Korea Town. On Danforth, they declined from 10% to 7%. Economic Impact Study in Toronto’s Bloor Annex and Korea Town Neighbourhoods | 5 Figure 1. Bloor Street looking east at Borden Street, before and after the installation of the pilot bike lane (Photo Credit: Nancy Smith Lea (left), Yvonne Verlinden (Right) SHIFTS IN TRAVEL PATTERNS AND PARKING PERCEPTIONS OF SAFETY AND FEEDBACK ON BIKE LANE • The percentage of customers cycling to Bloor nearly tripled (from 7% to 20%), a substantially • After the installation of the bike lane, the higher increase than on Danforth Avenue, proportion of visitors who perceived Bloor Street which has no bike lane. as safe for cycling more than tripled (from 17% • Walking remained the most popular travel to 61%) and doubled among merchants (from choice, used by nearly half (48%) of visitors on 13% to 27%), while perceptions of safety on Bloor, and driving is now the least (10%). Danforth dropped (from 22% to 10%). • Merchants on Bloor Street preferred to drive • The percentage of women who reported (49%) and there was no increase in cycling, which remained the least preferred travel they now feel safe cycling on Bloor increased choice (6%). significantly more than men, from 12% to 58%. • The majority of merchants believed that at • The majority of visitors (86%) and merchants least 25% of their customers are driving to Bloor; (90%) provided feedback in response to an however fewer than 10% of customers reported open-ended question soliciting thoughts or arriving by car. comments about the bike lane. • Parking difficulty increased on both streets for • While visitor comments were generally positive, visitors who drove, growing by four times on Bloor (from 8% to 33%) and nearly doubling on the most common feedback related to the Danforth (from 14% to 25%), though this street bike lane’s configuration and safety. Merchants did not have any on-street parking removed. raised more concerns than visitors, especially over impacts to business, but safety, parking, • When looking at all visitors, the percentage who needed to find car parking and experienced and traffic were also important issues. difficulty remained small: 3% of all visitors on Bloor and 4% on Danforth. 6 | Toronto Centre for Active Transportation Introduction Bloor Street was identified as a major corridor in the City of Toronto’s Ten Year Cycling Network Plan (2016). The street represents a priority east- west bicycle route, with relatively flat terrain, a lack of streetcar tracks, and important linkages to existing cycling facilities and to many vibrant Toronto neighbourhoods. Even before the installation of a bike lane, the street was already used by approximately 3,000 people on bicycles per day (City of Toronto, 2016). Bloor Street has, however, experienced a high infrastructure. Painted bike lanes along major streets number of collisions involving people on bicycles without parked cars can also reduce the risk of (City of Toronto, 2016). In cities across North injury by half (Teschke et al., 2012). America, recent research has found that extending Road space on Bloor Street is limited, though, the bikeway network is associated with a drop in meaning a bike lane can only be installed by crashes, fatalities and severe injuries for people reducing traffic and parking lanes. Questions on bicycles, as well as an increase in bicycle trips regarding the impacts on traffic flow and parking (Pucher & Buehler, 2016). In Toronto, cycle tracks availability have in the past prevented this initiative which are adjacent to and physically separated from moving forward, with concerns particularly from traffic have been shown to provide the highest being raised about the effects of such changes on safety benefit, with one ninth the risk of injury in Bloor Street’s small businesses. comparison to a route like Bloor, a major street with parked cars and previously with no cycling Cities across North America are grappling with the same question, and emerging academic and professional literature has reported numerous examples where the removal of traffic lanes or on- street parking to install a bike lane has not resulted in negative economic effects;
Recommended publications
  • Bikeways and Business on Bloor Street
    BIKEWAYS AND BUSINESS ON BLOOR STREET: RESEARCH SUMMARY Bloor West Bikeway Extension Existing Bloor Bikeway Shaw Avenue Runnymede BEFORE & AFTER BIKEWAY INSTALLATION: Avenue Road to Shaw Street Three separate studies1 of Bloor Street in the Annex and Korea Town neighbourhoods indicate positive economic impact associated with the installation of the bikeway. There are more customers on And people are Customer spending grew more on Bloor Bloor after the bikeway spending more.3 than surrounding areas, and about the installation.2 same as rest of the city overall.4 104 4.96% City of Toronto 74 73 Bikeway installed $$ $ Bikeway installed 4.45% Bloor Study Area $245 Bikeway installed $186 After 3.73% Surrounding Area Before After After Before 2016+17 2.21% 2015 2016 2017 2015 Danforth (n=457) Before After Average number of customers served Average customer Growth in customer spending per weekday spending per month comparison More people are cycling,5 and fewer People who bike or walk to Bloor visit the most people drive to Bloor.6 often and spend the most per month.7 % of visitors 63% 9% spending $100 58% or more 51% 23% Average visits/ month 21 20 32% 48% 15 (n=1488) 12 20% After: 2016+17 Customer travel choices after bikeway installation Customer visits and spending by travel choice STUDY RESULTS FROM OTHER CITIES New York City Seattle Vanderbilt Avenue Latona Avenue and 65th 102% increase in retail sales Street after bike lanes and trafffiic Up to 400% increase in sales calming were installed, after bike lanes were installed, compared with
    [Show full text]
  • City of Toronto — Detached Homes Average Price by Percentage Increase: January to June 2016
    City of Toronto — Detached Homes Average price by percentage increase: January to June 2016 C06 – $1,282,135 C14 – $2,018,060 1,624,017 C15 698,807 $1,649,510 972,204 869,656 754,043 630,542 672,659 1,968,769 1,821,777 781,811 816,344 3,412,579 763,874 $691,205 668,229 1,758,205 $1,698,897 812,608 *C02 $2,122,558 1,229,047 $890,879 1,149,451 1,408,198 *C01 1,085,243 1,262,133 1,116,339 $1,423,843 E06 788,941 803,251 Less than 10% 10% - 19.9% 20% & Above * 1,716,792 * 2,869,584 * 1,775,091 *W01 13.0% *C01 17.9% E01 12.9% W02 13.1% *C02 15.2% E02 20.0% W03 18.7% C03 13.6% E03 15.2% W04 19.9% C04 13.8% E04 13.5% W05 18.3% C06 26.9% E05 18.7% W06 11.1% C07 29.2% E06 8.9% W07 18.0% *C08 29.2% E07 10.4% W08 10.9% *C09 11.4% E08 7.7% W09 6.1% *C10 25.9% E09 16.2% W10 18.2% *C11 7.9% E10 20.1% C12 18.2% E11 12.4% C13 36.4% C14 26.4% C15 31.8% Compared to January to June 2015 Source: RE/MAX Hallmark, Toronto Real Estate Board Market Watch *Districts that recorded less than 100 sales were discounted to prevent the reporting of statistical anomalies R City of Toronto — Neighbourhoods by TREB District WEST W01 High Park, South Parkdale, Swansea, Roncesvalles Village W02 Bloor West Village, Baby Point, The Junction, High Park North W05 W03 Keelesdale, Eglinton West, Rockcliffe-Smythe, Weston-Pellam Park, Corso Italia W10 W04 York, Glen Park, Amesbury (Brookhaven), Pelmo Park – Humberlea, Weston, Fairbank (Briar Hill-Belgravia), Maple Leaf, Mount Dennis W05 Downsview, Humber Summit, Humbermede (Emery), Jane and Finch W09 W04 (Black Creek/Glenfield-Jane
    [Show full text]
  • Eighty Three BLOOR STREET WEST Eighty Three BLOOR STREET WEST
    Eighty Three BLOOR STREET WEST Eighty Three BLOOR STREET WEST Size: Ground: 3,586 sq. ft. Second: 3,541 sq. ft. Third: 3,169 sq. ft. Lower: 3,605 sq. ft. Net Rent: Please call listing agents TMI: $400,000 per annum (2019 est.) Available: Immediate • Rare opportunity to secure large space in the Bloor/Yorkville node • Free standing building with unique characteristics such as an outdoor patio area that could be a marquee event space and VIP lounge for TIFF or Fashion Week • 35 feet of frontage on Bloor Street West • Neigbouring tenants include COS, Sephora, MCM, Hermes, Prada and Cartier • Brands coming soon to Bloor Street include Eataly, Apple and Dior Eighty Three BLOOR STREET WEST most prestigious selection of luxury and aspirational retailers. of luxuryandaspirational most prestigiousselection residents andtouristswiththecountry’s Mink Mileprovides node, the Bloor-Yorkville Anchoring “MinkMile”. Street West’s alongBloor Occupiesaprimelocation 83 BloorStreetWest Bloor StreetWest Avenue Road Club Monaco Louis Vuitton Tiffay & Co. Mont Blanc Stuart Weitzman Burberry Max Mara Intermix Moncler Peloton Bloor StreetWest Escada Gucci L’Agent Provocateur Calvin Klein Guerlain Cartier Browns Prada Brooks Brothers J Crew L’Occitane Mulberry Kit & Ace Coach Christian Dior 100 Bloor Street W Dolce & Gabbana Rolex Zegna Cole Haan St. Thomas Street Hermes Station Boor-Yonge Victorinox Holt Renfrew Men Yonge Street Strellson MCM Bellair Street BLOORSTREET WEST AMP Monaco Eighty Three Eighty COS Harry Rosen 83 Bloor St W Banana Republic Roots Sephora Capezio TD Bank David’s BLOORSTREETWEST Bay Street Bay Street Three Eighty Birks The Gap Saint Laurent Station Bay Manulife Centre Bloor StreetWest Eataly (Future) Holt Renfrew Balmuto Street Zara Scotia Bank Aritzia Bloor St West H&M Swarovski The One Development CIBC Apple (Future) Yonge Street Canada’s Most Prestigous Neighbourhood Bloor-Yorkvile is home to some Eighty Three of Toronto’s most exclusive BLOOR STREET WEST restaurants, galleries & boutiques.
    [Show full text]
  • Bloor & Bathurst Urban Streetfront Opportunity 791-793 Bathurst Street
    THE ANNEX BLOOR STREET WEST BATHURST STREET For791-793 Bathurst StreetSale Toronto, ON Bloor & Bathurst Urban Streetfront Opportunity Elliot Medoff* Jones Lang LaSalle Real Estate Services Inc. (“JLL” and/or the “Advisor”) is pleased to offer for Vice President, Capital Markets +1 416 238 9768 sale a 100% freehold interest in 791-793 Bathurst Street (the “Property”) a three-storey mixed [email protected] use building located on the east side of Bathurst Street, directly south of Bloor Street West. The Property is 100% occupied, offering retail at grade and four residential apartment units Euan Darling* across the second and third floors. Senior Associate, Capital Markets +1 416 238 9961 The Property benefits from significant frontage on the east side of Bathurst Street, steps from [email protected] Bathurst subway station, and is surrounded by extensive development activity including the recently completed B.streets condos to the immediate south, and the forthcoming landmark *Sales Representative Mirvish Village development directly across the street. Investment highlights Dynamic Location Significant Frontage and Exposure 791-793 Bathurst Street is ideally situated directly south of the With 39 feet of frontage on Bathurst Street, the Property provides intersection of Bathurst Street & Bloor Street West, providing significant street-front exposure in a node with high vehicular and convenient access to TTC subway and streetcar services pedestrian traffic counts. along Bloor Street West and Bathurst Street. The local area is referred to as the “Annex”, one of Toronto’s most desirable Fully Leased Asset neighbourhoods, with average homes in the area selling in The Property is fully leased on the ground floor to Trove, an excess of $1,500,000.
    [Show full text]
  • Change and Control in the East Annex, Toronto, 1853-1993
    Change and Control in the East Annex, Toronto, 1853-1993 7""fhe Annex, a central residential area, is residential. The Annex is one of the few historic Figure 1 (left). Bernard Avenue in 1 Toronto's closest equivalent to the British parts of Toronto where even moderately subtle social the East Annex. (AM. de Fort­ Menares, 1992) Arts-and-Crafts 'aesthetic' Queen Anne suburbs of and religious control, through zoning and limits on London. Around 1900, the area bounded by development, can be seen at work. The survival of Figure 2 (above). Location of the Bedford Road, Bloor Street, Avenue Road, and the East Annex can be attributed to four factors: the study area, northwest of Bloor Davenport Road became a popular place for a origins of its development; the comparatively small Street and Avenue Road in segment of Toronto's social aristocracy, and these size of most of the houses and lots; the area's rapid Toronto, showing lot subdivisions. (AJ. Diamond, Donald Schmitt residents established powerful groups to preserve assimilation into the urban centre; and Toronto's and Associates, 1992) the area's status quo for nearly 40 years. tradition of community activism. After the development of the Annex in the Redevelopment pressures currently 1880s, its eastern edge, which was originally a sub­ threaten the East Annex's residential land use and urb of Y arkville, became a filter for the migration of architectural character. Existing residential zoning successive waves of fashion and influence. West allows 1.0-times coverage, whereas most historic Yorkville became associated with this somewhat buildings in the area cover between 0.6 and 0.8 of higher status neighbourhood, which is now consid­ their lot.
    [Show full text]
  • 2 Bloor Street East
    OFFICE FOR SUBLEASE 2 BLOOR STREET EAST SUITE 1920 - 7,306 SF OFFICE FOR SUBLEASE 2 BLOOR STREET EAST DETAILS HIGHLIGHTS • Fully built out with reception, 1 large boardroom, 2 Availability: Suite 1920 - 7,306 SF meeting rooms, copy room, offices, large kitchen, and (Divisible to approx. 5,000 SF) open area. Asking Rate: Contact Listing Agents • Spectacular North and East facing views Additional Rent: $25.52 PSF (2021 est.) • Furniture is negotiable Available: Immediately Term: To July 29, 2024 • Abundance of natural light FLOORPLAN Suite 1920 | 7,306 SF (can be divisible to 5,000 SF) Suite 1920 - 7,306 sf Divisible to approx. 5,000 sf N SUITE 1920 7,306 SF SUITE 1920 7,306 SF Spadina Avenue Dupont Street Ravine St George Street Rosedale Avenue Road Ravine Yonge Street 2 BLOOR ST E Jean Sibelius YORKVILLE Square THE ANNEX Jarvis Street St. Albans Bloor Street West Square Royal Ontario Bay Street Museum Bata Shoe Sherbourne Street Bloor Street West Museum Spadina Avenue St George Street Wellesley Street East Church Street Wellesley Street West Bathurst Street Theatre Jarvis Street University Queen’s of Toronto International Harbord Street Park Trade Centre Carlton Street Yonge Subway Line Yonge Street Gerrard Street East Bathurst Street Bay Street Ryerson Polytechnic University College StreetHOSPITAL University Avenue DISTRICT LITTLE YONGE SUBWAY ITALY Dundas Street East PATH System Canon College Street BLOOR-YONGE McCaul Street Connected Theatre Shutter StreetMoss Park CHINATOWN Subway Station Eaton KENSINGTON Centre MARKET University
    [Show full text]
  • For Sale 2939-2943 Bloor Street West Toronto, On
    FOR SALE 2939-2943 BLOOR STREET WEST TORONTO, ON INVESTMENT PROPERTY AND/OR RESIDENTIAL REDEVELOPMENT OPPORTUNITY Acquire a 9,315 SF site with an 11,000 SF income producing building and/or residential redevelopment, located east of Royal York Road. 2939-2943 BLOOR STREET WEST A rare opportunity to acquire 11,000 SF building with 74 feet of Bloor Street frontage opposite the Royal York TTC Subway Station. HIGHTLIGHTS DETAILS • Four retail storefronts that are fully leased BUILDING SIZE 11,000 SF (approximate) • 5 apartments, 1 office BLOOR ST. FRONTAGE 74 FT • Rear lane access DEPTH 120 FT • Steps from the Royal York Subway station OFFICAL PLAN Mixed use areas • Opposite public parking ZONING AV - as per planning report • Prestigious neighborhood CURRENT NOI $124,000/annum • Close proximity to the Gardiner Expressway, QEW STABILIZED NOI $319,000/annum and Highway 427 ASKING PRICE $5.95 million • Excellent holding income - contact listing agent DEVELOPMENT OPPORTUNITY Cushman & Wakefield has engaged Dales Consulting who has prepared a preliminary massing concept based on the City of Toronto’s Mid-Rise Building Guidelines. The Massing Concept shows a nine-storey building, with retail uses at grade, and eight-storey of residential above. The preliminary Gross Floor Area development yield is approximately Appendix 5 – Preliinary Massing Concept for 2939‐2943 Bloor St.51,380 SF subject W. to Development applications and review by City Planning. Grenview Blvd S Bloor Street West BLOOR ST - PERSPECTIVE VIEW CONCEPTUAL DESIGN Grenview Blvd S 2939 BLOOR STREET Bloor Street West TORONTO 12 JULY 2017 Bloor Street West Road Wendover Grenview Blvd S SOUTH WEST AXONOMETRIC VIEW CONCEPTUAL DESIGN Jackson Avenue Willingdon Boulevard ROYAL YORK 2939 BLOOR STREET SUBWAY TORONTO 12 JULY 2017 Grenview Boulevard North Bloor Street West Elsfield Road Grenview Boulevard South 2939-2943 BLOOR STREET WEST, TORONTO OFFERING GUIDELINES • Cushman and Wakefield ULC.
    [Show full text]
  • Bloor Street West // Toronto
    PRIME RETAIL FOR LEASE ON BLOOR STREET WEST BLOOR STREET WEST // TORONTO CBRE Limited, Real Estate Brokerage | 145 King Street West | Suite 1100| Toronto, ON M5H 1J8 | 416 362 2244 | www.cbre.ca BLOOR STREET WEST Size: Ground: 2,133 sq. ft. Mezzanine: 1,615 sq. ft. Net Rent: Please call listing agents TMI: $269,000 per annum Available: 90 days notice HIGHLIGHTS 95 Bloor Street West enjoys extremely rare visibility from Yorkville Avenue, Cumberland Street and Bellair Street as it sits in the middle of the intersection of Bloor and Bellair offering the retailer unmatched exposure on both Bloor and Yorkville. It is located directly across the street from the brand new 13,000 sq. ft. Hermes flagship store and neighbours other luxury tenants including MCM, COS, Holt Renfrew Men and Dolce & Gabbana. GROUND FLOOR MEZZANINE Avenue Road ofluxurymost prestigiousselection and aspirationalretailers. residentsandtouristswiththecountry’s Mink Mileprovides node, theBloor-Yorkville Anchoring “MinkMile”. Street West’s Occupiesaprimelocation alongBloor 95 BloorStreetWest Bloor StreetWest Club Monaco Louis Vuitton Tiffay & Co. Mont Blanc Stuart Weitzman Burberry Max Mara Intermix Moncler Gucci Bloor StreetWest Escada Calvin Klein Guerlain L’Agent Provocateur Browns Cartier Brooks Brothers J Crew Prada L’Occitane Mulberry Kit & Ace Coach Christian Dior 100 Bloor Street W Dolce & Gabbana Rolex Zegna Cole Haan St. Thomas Street Hermes Victorinox Holt Renfrew Men 95 BloorStrellson St W MCM Bellair Street AMP Monaco COS Harry Rosen 83 Bloor St W Banana Republic Roots Sephora Capezio TD Bank David’s Bay Street Bay Street Station Boor-Yonge The Gap Yonge Street Birks Saint Laurent Manulife Centre Bloor StreetWest Eataly (Future) Holt Renfrew Balmuto Street Zara STREETWEST BLOOR Scotia Bank Aritzia H&M Swarovski The One Development Station Bay CIBC Apple (Future) Yonge Street Bloor St West Canada’s Most Prestigous Neighbourhood Bloor-Yorkvile is home to some of Toronto’s most exclusive restaurants, galleries & boutiques.
    [Show full text]
  • Dupont St 161Toronto, on Commercial/Residential Value-Add Asset
    FOR SALE DUPONT ST 161TORONTO, ON COMMERCIAL/RESIDENTIAL VALUE-ADD ASSET DAVENPORT ROAD ST GEORGE STREETSTREET GEORGE GEORGE ST ST DUPONT STREET INVESTMENT HIGHLIGHTS DESIRABLE LOCATION 161 Dupont Street is situated within the Annex and in close proximity to some of Toronto’s most distinctive neighborhoods; Summerhill, Yorkville & Rosedale. The Site benefits from this location by having access to each neighbourhoods’ well known amenities, restaurants, shopping and transit all within walking distance. ACCESSIBILITY & TRANSIT The Property is accessible by various forms of transportation, including TTC Subway & Bus and benefits from strong walk and bike scores. Situated 300 metres east of Dupont Subway Station, making the downtown core accessible by a 13 minute subway ride to Union Station and a 5 minute ride to Bloor Street and the Bloor-Danforth Line. THE OPPORTUNITY 161 Dupont Street offers investors or owner-occupiers the opportunity to acquire a strategically located, high visibility mixed-use property in the heart of the Annex. Current construction offers 3 contiguous floors of retail space and two outdoor patios. Purchasers are also offered the ability to retain exceptional retail space at grade and convert the upper floors into a residential apartment. SITE DETAILS - 161 DUPONT STREET DAVENPORT ROAD SITE AREA 1,765 square feet / 0.04 acres PIN 212160185 BUILDING SIZE 2,815 square feet (above grade) BUILDING FORM 3-storey semi-detached + basement FRONTAGE 17.60 feet on Dupont Street DEPTH 100.15 feet OFFICIAL PLAN Mixed Use Areas ZONING
    [Show full text]
  • Staff Report Action Required
    STAFF REPORT ACTION REQUIRED Naming of Public Lanes in blocks bounded by Dupont Street, Bathurst Street, Bloor Street West and Christie Street - Seaton Village Date: January 27, 2014 To: Toronto and East York Community Council From: Director, Engineering Services Wards: Ward 20 Reference P:\2014\Cluster B\TEC\ TE14008 Number: SUMMARY The Seaton Village Residents Association has requested the naming of several public lanes in the blocks bounded by Dupont Street, Bathurst Street, Bloor Street West and Christie Street. This report recommends that the names "Crestfallen Lane", "Perly Family Lane", "Belmira Fumo Lane", "Mission House Lane", "Sunnyview Lane", "Epworth Manse Lane", "Ken Lai Lane", "Max Hartstone Lane", "John McIntosh Lane" and "Tandy Murch Lane" be approved to identify 10 of the lanes. A future staff report will address the remaining lanes to be named. Community Councils have delegated authority to decide street naming matters which comply with the City of Toronto Honourific and Street Naming Policy. RECOMMENDATIONS Engineering and Construction Services recommends that Toronto and East York Community Council: 1. Approve the following names: a. " Crestfallen Lane " b. " Perly Family Lane " c. " Belmira Fumo Lane " d. " Mission House Lane " e. " Sunnyview Lane " f. " Epworth Manse Lane " g. " Ken Lai Lane " h. "Max Hartstone Lane" i. "John McIntosh Lane" j. "Tandy Murch Lane" Financial Impact There are no financial implications resulting from the adoption of this report. ISSUE BACKGROUND The Seaton Village Residents Association has requested the naming of several public lanes in the blocks bounded by Dupont Street, Bathurst Street, Bloor Street West and Christie Street. At its meeting on September 10, 2013, Toronto and East York Community Council adopted Item TE26.111 which contained the following recommendation: 1.
    [Show full text]
  • 1600 Bloor Street West for Sale & for Lease
    1600 BLOOR STREET WEST FOR SALE & FOR LEASE ALEX PROTOMANNI* FRANK PROTOMANNI** BROCK MEDDICK RYAN BOBYK* Sales Associate Senior Vice President Sales Representative Sales Associate T +1 416 495 6284 T +1 416 495 6299 T +1 416 815 2305 T +1 416 495 6200 [email protected] [email protected] [email protected] [email protected] *Sales Representative **Broker N 1600 BLOOR STREET WEST 29 STOREY MIXED AUTO BLDG USE CONDO AND MOCA AT THE OFFERING BY TRINITY LOWER JCT BY CASTLEPOINT DUFFERIN STATION DEVELOPMENT CBRE Limited is pleased to offer for sale 1600 Bloor Street West, GROUP INC. AND HOWARD PARK GREYBROOK Toronto. This two-storey building has a mix of retail and two RESIDENCES BY renovated apartment units. The property is located in the City’s LANSDOWNE STATION TRIUMPH WEST TWNS AT CHOICE DEVELOPMENTS well-known High Park North neighbourhood, just west of the LOWER JARVIS PROPERTIES intersection of Bloor Street West and Dundas Street West. BLOOR BY CASTLEPOINT STATION DEVELOPMENT FOR AND A MAJOR MIXED USE RONCESVALLES The Site is currently improved with 4,006 sq. ft. of building including GREYBROOK CENTRE INCLUDING LOFTS BY THE RONCY BY 24 STOREY 2,600 RESIDENTIAL the basement, and 17.08 ft. of frontage along Bloor Street West. TRIUMPH WORSLEY URBAN RENTAL UNITS The two-storey property is currently vacant, giving purchasers DEVELOPMENTS DEVELOPMENT BY unparalleled flexibility and an opportunity to achieve above market LORMEL HOMES DUNDAS WEST STATION rents. The property has a renovated 2-bedroom apartment on the second floor with a rooftop patio and a renovated 1-bedroom V6 BY OLD STONEHENGE apartment below grade.
    [Show full text]
  • Active Transportation
    Tuesday, September 10 & Wednesday, September 11 9:00 am – 12:00 pm WalkShops are fully included with registration, with no additional charges. Due to popular demand, we ask that attendees only sign-up for one cycling tour throughout the duration of the conference. Active Transportation Building Out a Downtown Bike Network Gain firsthand knowledge of Toronto's on-street cycling infrastructure while learning directly from people that helped implement it. Ride through downtown's unique neighborhoods with staff from the City's Cycling Infrastructure and Programs Unit as they lead a discussion of the challenges and opportunities the city faced when designing and building new biking infrastructure. The tour will take participants to multiple destinations downtown, including the Richmond and Adelaide Street cycle tracks, which have become the highest volume cycling facilities in Toronto since being originally installed as a pilot project in 2014. Lead: City of Toronto Transportation Services Mode: Cycling Accessibility: Moderate cycling, uneven surfaces This WalkShop is co-sponsored by WSP. If You Build (Parking) They Will Come: Bicycle Parking in Toronto Providing safe, accessible, and convenient bicycle parking is an essential part of any city's effort to support increased bicycle use. This tour will use Toronto's downtown core as a setting to explore best practices in bicycle parking design and management, while visiting several major destinations and cycling hotspots in the area. Starting at City Hall, we will visit secure indoor bicycle parking, on-street bike corrals, Union Station's off-street bike racks, the Bike Share Toronto system, and also provide a history of Toronto's iconic post and ring bike racks.
    [Show full text]