Representatives of Graywood Developments and Beaverhall Homes provided back-up support for the excavators and bulldozers starting up construction on The Mercer condo development. The downtown project officially broke ground at it’s namesake location on Mercer Street.
Though the development is right in the heart of the Entertainment District, the tower will be somewhat removed from the hustle and bustle of the city core thanks to its location on a side street.
But with the restaurants and theatres of King West steps away and the shops of Queen Street just north, the new build makes sense for Torontonians keen to access the best of city life. As The Mercer undergoes its own transformation, complete with retail at ground level and a lobby with a living green wall, the surrounding neighbourhood is also experiencing bold new changes.
As John Street solidifies its reputation as one of the city’s most important cultural corridors, it will also see a number of new public space additions. Trees will sprout along the street while extra park space, public art and street furniture will help make the area a great place to slow down and relax.
Location-wise, The Mercer also has the advantage of being directly across from the PATH system. The 27 km of subterranean pathways connects an enormous part of the city – everything from shops to services to work spaces. It’s especially convenient for the more frigid days of the year.
Thanks to it’s fast access to cultural powerhouses, popular restaurants, boutique stores and other fun diversions, some city-watchers have anointed the neighbourhood the “new Yorkville.” For buyers looking to be part of the dynamic district, studios are priced from mid $200s; one-bedrooms from the high $300s; and two-bedrooms from the low $500s.
Check out the exterior rendering:
For more information call 416 597 6940.