Commercial Property Spotlight: Sugar Wharf
2 min read
Spanning over 11.5 acres from the southeast corner of Lake Shore Boulevard East and Freeland St, Menkes Developments Ltd is bringing a new two-phase community into existence.
The Sugar Wharf is Menkes’ master plan consisting of five residential condominiums, the new LCBO headquarters office tower, low-rise retail buildings, and a park, replacing what was commonly known as “the LCBO lands” as the site housed the previous Liquor Control Board of Ontario’s head offices, warehouses, and a retail store.
Phase one of the master plan will include the development of a 600,000 sqft 25-story office tower, with the LCBO occupying 33% of the building, 1,500 units in 64 & 70-story residential buildings. In December 2022, the two residential buildings were officially topped off and stand as some of the tallest structures in the downtown core.
In phase two of the Sugar Wharf plan, the remaining 77, 87, and 90-story condominium towers will be built, containing 1927 units. The existing heritage LCBO warehouse building will be preserved and redeveloped into a shared retail podium. Two acres will be dedicated to a community park.
The Sugar Wharf community currently has a transit score of 100/100 and a walk score of 95/100, offering direct access to the PATH, Toronto’s indoor pedestrian system.
Upon Sugar Wharf’s completion, it will be the most significant mixed-use waterfront development in Toronto.
References
Bessai, M. (2022, December 15). Sugar Wharf Condominiums Phase One Towers Topped Off. Urban Toronto. Retrieved April 14, 2023, from https://urbantoronto.ca/news/2022/12/sugar-wharf-condominiums-phase-one-towers-topped.50661
Sugar wharf condos: Plans, prices, Reviews. CondoNow. (n.d.). Retrieved April 14, 2023, from https://condonow.com/Sugar-Wharf-Condos
Sugar wharf condos: Platinum VIP pricing & plans. MyCondoPro. (2022, February 17). Retrieved April 14, 2023, from https://mycondopro.ca/project/sugar-wharf-condos/
Sugar wharf master-planned community: GTA-Homes. GTA. (2021, February 19). Retrieved April 14, 2023, from https://www.gta-homes.com/master-planned-communities/sugar-wharf/
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