Pile driver, trailer now on site at 1860 Bayview

The construction trailer and a pile driver are now on site as work begins on the commercial development at 1860 Bayview Ave at Broadway. Ave.  The site is being purchased over time by RioCan Real Estate Investment, the dynamic property company that owns Sunnybrook Plaza and the Leaside Centre at the corner of Eglinton Ave. E. and Laird Drive. This location is most notable for the impending opening of a Whole Foods market of some 50,000 square feet on the second floor of the development. In this case, the “anchor” business will be located upstairs.  The property is being developed by Kingsett and Trinity Development Group and RioCan is acquiring the site on “a forward purchase basis in phases” at an approximate purchase price of $58 million. The store is expected to open sometime in 2015  There will be 193 parking spaces in a two-level underground garage. Neighbourhood improvements, including road widening along Bayview and Broadway Avenues to accommodate traffic concerns, were secured as part of the settlement with ratepayers.