Elysium Proposes 41 And 39 Storey Rental Next To Keele Station
AI Article Summary
Elysium Investments has submitted a proposal for a high-rise development in Toronto's High Park North area, near Keele Station. The project includes a 41-storey and a 39-storey tower with a shared six-storey podium, offering 873 rental units. Key features include extensive amenity spaces and provisions for vehicle and bicycle parking. The site, currently home to 11 single-detached homes, is well-connected by public transit.
What This Means for Canadian Contractors
This project shows how urban development is focusing on maximizing land use efficiency in well-connected transit areas. For Canadian builders, this means an increased demand for high-density constructions, necessitating a focus on prefabrication methods to meet tight urban build timelines. The proximity to transit networks could ease logistics but also requires careful planning for site access and coordination with local transit authorities.
