Photo: Simon P/Wikimedia Commons
At 351-369 Lake Shore Boulevard East in Toronto’s waterfront, a cluster of silos, symbols of Toronto’s history as a port city, stick out by the shores of Lake Ontario.
The Victory Soya Mills Silos could have company in coming years, as developers announced this week plans to redevelop the 230,245-square-foot site they sit on into a condo development while maintaining this remnant of wartime industrial might, built in 1943 and added to the City’s heritage-property database in 2004.
“The development proposal includes the preservation of the Silos as a unique architectural feature to be incorporated into the development through either adaptive use or rehabilitation,” reads a news release from Great Gulf Residential, Dream and Dream Alternatives, announcing a partnership to acquire and develop the lands.
The property is nestled between Lake Shore Boulevard East to the north, the 3C lands to the east, Lake Ontario to the south, and 333 Lake Shore Boulevard to the west.
Great Gulf and Dream plan to co-develop the property, and it could become home to a three-block development adding up to 1 million square feet of density.