"Construction begins" claims the website for the new Dragon Condos at Spadina Avenue and Dundas Street but a neighbourhood walk-by reveals a possible stalled development. The new 10-storey building by Ideal Development at 270 Spadina Ave. has not broken ground and the sales office at the site remains closed. The number on the website is no longer in service. A representative from the development company tells us that "the project is not stalled. They are currently doing demolition internally."
It would be nice to see this development get underway as it's close to Kensington Market and Chinatown plus every sold unit includes a free bicycle. The building features 103 units ranging in size from 412 to 901 square feet, prices start in the mid $200,000s. The condo is supposed to be completed by early 2015 but at this rate, it doesn't seem too promising. We'll keep you posted.
· Dragon Condos [BlogTO]
· New Development, Dragon Condos [BuzzBuzz]
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