The Number One Bloor @ 加拿大最有名气的路口位置.
ONE BLOOR By Great Gulf Homes 将于3月中旬进行新一次的VIP 发售，白金地王，前期新闻，注定这一项目届时将会在TORONTO楼花市场掀起销售狂潮，先到先得约$800平方尺.
多伦多市中心地王布鲁亚东街1号(1 Bloor Street East)的地产发展计划有新进展。新买家已决定把这块地王发展为楼高65层、包括687个住宅单位的高尚共管柏文，而柏文的最低两层用作零售用途，将会有逾10万平方呎的商铺面积。
拥有土地业权的Great Gulf Group，日前正式向市府规划部门提出建筑申请。
Urbanfund Corp. Announces Acquisition of Interest in Signature Redevelopment Site at Yonge & Bloor
TORONTO, ONTARIO--(Marketwire - Sept. 16, 2009) - Mitchell Cohen, President and Chief Executive Officer of Urbanfund Corp. (TSX VENTURE:UFC) (the "Company"), announced today that the Company completed the acquisition of an interest in the high density residential/commercial re-development site located at the southeast corner of Yonge and Bloor Streets in Toronto, Ontario (the "Property").
Urbanfund invested alongside Westdale Construction Co. Limited ("Westdale"), Urbanfund's largest shareholder, to form Bloor East Holdings Inc., which holds a 33.33% in the Property. Urbanfund purchased a 10% interest in Bloor East Holdings Inc., resulting in Urbanfund indirectly holding an approximately 3.33% interest in the Property.
"The Property is arguably one of the best mixed-use sites available in Canada today and we moved quickly to be part of this acquisition" said Mitchell Cohen. "To hold an interest in a signature project of this size and magnitude at the crossroads of the Bloor and Yonge subway lines is a strategic acquisition for Urbanfund; and we will continue to look for more of these transactions. Our relationship with Westdale provided us with access to this investment opportunity. Without Westdale's prominence in the real estate market, such an opportunity may not have presented itself to Urbanfund".
This 50,400 square foot vacant development site was previously slated to be the 80 storey "One Bloor Street East" condominium site that saw prospective purchasers of condominiums line up for weeks to own a piece of this corner. "With land prices down dramatically, we viewed the opportunity to have Urbanfund involved in the re-design and re-marketing of the site as an opportunistic transaction" said Cohen.
Distinguished home and condominium builder, Great Gulf Homes, will be the developer of the Property. More information on Great Gulf Homes can be found at www.greatgulfhomes.com.
On closing, Urbanfund advanced its pro rata portion of the purchase price and anticipated pro rata portion of closing and pre-development costs, in the aggregate amount of $2,000,000, which was funded out of the Company's cash on hand.
Urbanfund Corp. is a Toronto-based real estate development and operating company. The Company's common shares trade under the symbol UFC on the TSX Venture Exchange. Urbanfund's focus is to identify, evaluate and invest in real estate and real estate related projects. The Company's assets are located in Toronto, Belleville and London, Ontario. The Company's strategy going forward remains committed to seek accretive real estate or real estate-related opportunities.