The signage for “Peter Street Condos” was recently installed on site at Peter & Adelaide (see image below) and we have had a number of e-mails asking us about the development.  Here is the truth: We don’t know a great deal.

Signage on the existing building, which will be demolished to make way for a 40-storey condo tower

The location of the development makes it a very interesting development.  It will be located a stones throw from both Cinema Tower and Tableau in the smoking hot Entertainment District.  The existing building will be demolished to make way for a 40-storey condominium tower designed by architectsAlliance (Think CASA, Four Seasons, ICE, 18 Yorkville, Pier 27 among others).

The development will feature 40 storeys including 11 storeys of podium (plus a 29 storey tower), 330 units of residential, almost 3,000 square feet of retail on the ground level and approximately 16,500 square feet of office space.

WHAT IS AROUND PETER STREET CONDOS?

Immediately to the North of Peter Street Condos sits a 9 storey office building which is unlikely to go anywhere anytime soon (note, the ceilings in the office building are higher than the traditional residential ceilings, so this is more like 13 storeys for the sake of views), and north of that sits Tableau at 36 Storeys.

To the East sits a 6 storey office building fronting on Adelaide West and beyond that, an 8 storey office building.

To the West of the site is a 3-storey Victorian house and is listed as a Heritage Property.

Finally, to the South sits the Hilton Garden Inn standing at 16 storeys.

WHAT WILL IT LOOK LIKE?

We are still waiting for a final rendering of Peter Street Condos, however, there are a few wire drawings from the preliminary report.  These designs may change but it does give us an idea on what to expect.

Wire drawings of North and East Elevation of Peter Street Condos (Click for larger image)

There is a lot of early buzz about this development.  TalkCondo will keep right up to date with the latest – keep checking back and contact us below if you want to keep right up to date with any VIP Launches!