Plaza Partners and Main + Main announced the joint acquisition of a landmark development site in Toronto. The acquisition includes 175, 183, 185, 187 & 195 St. Clair Avenue West and 273 Poplar Plains Road, located on the south side of St. Clair Ave West less than one block west of Avenue Road, totaling 1.2 acres of land in the prestigious Forest Hill neighborhood of Toronto.
Forest Hill is one of Toronto’s most sought after neighbourhoods and we’re excited to make this exciting vision a reality.
The Property is ideally suited for a mid-rise development and would be a prime location for a new luxury residential building. The area surrounding the Property has seen substantial intensification in recent years which has been sustained by the availability of world-class amenities, including an abundance of retail, transit accessibility, services, green space, employment and boutique office space.
This exciting development opportunity is the first joint venture completed by Plaza Partners and Main + Main. Pinny Kaufman, CEO of Plaza Partners commented that “This landmark development site presents a unique opportunity to develop a large corner site in Forest Hill, offering future residents the very best that this neighborhood offers. We look forward to working with Main + Main to make this exciting vision a reality.”