Cadillac Fairview purchased Don Mills and Lawrence site
No public plan revealed yet for redevelopment
(Written Jan. 26 for Town Crier)
Cadillac Fairview is expanding its real estate empire in Don Mills.
The developer recently acquired a soon-to-be shut Canada Post outlet on The Donway West. This is their newest acquisition at Lawrence and Don Mills, where the developer has built Shops on Don Mills. There is also a massive $225 million development of retail, office space and residential towers waiting in the wings.
Cadillac Fairview is leasing the property to Canada Post until the end of February when the post office at 169 The Donway West will close and move operations to Wynford Drive.Cadillac Fairview spokesperson Janine Ojah-Maharaj confirmed the purchase in mid-December.
“We are currently in the process of conducting due diligence and therefore in the very early planning stages,” she said in a Jan. 25 email.
Cadillac Fairview has not yet made public the plans for the site, but there may not be a specific plan at this early stage.
“We will be in discussion with the city regarding any future plans and public-community feedback will be part of that process if our plans involve any re-zoning,” Ojah-Maharaj said.
Councillor Jaye Robinson confirmed in an email Cadillac Fairview indicated they plan to redevelop the site but no other decisions had been made.
Don Mills resident Terry West is not overly concerned about what could happen with the newly acquired property, but he does have one stipulation.
“The only thing we wouldn’t like to see is tall condos there,” he said.
“Whether they develop it for more condos or shopping, we’ll have to wait and see,” added West, who is president of Don Mills ratepayers group.
The city had explored the idea of purchasing this site to build a replacement for the Don Mills Civitan Arena that will close in the next 8-10 years. But the city made no formal offer to buy the Donway West property.
West is anxious for the city to find suitable land for the new arena.
“The Donway site was not big enough for a twin-pad arena,” he said West, adding there are some closed-door discussions going on right now regarding an arena.