First, it was the Entertainment District, then Bathurst and St. Clair, and now the
Lash Group are betting that Markham and Ellesmere in Scarborough will be the next big condo spot.
"It's an up-and-coming neighbourhood that's underdeveloped, and hasn't been developed in many years," says Lash president Larry Blankenstein of the suburban area that currently hosts mostly 70s-style slab buildings.
It's a big development for the area, with plans for more than a thousand units over four acres. At least as importantly, Blankenstein's planning 13,000 square feet of ground-level retail. Currently, the closest major retail space is a drive away at Scarborough Town Centre.
The first 287 units are on sale now, and if things go to plan, Blankenstein hopes to break ground in the fall of 2014, with completion scheduled for late 2016 or early 2017.
The buildings were designed by
Turner Fleischer, with interiors by
Tanner Hill Associates.
Writer: Bert Archer
Source: Larry Blankenstein