Workers were taking soil samples this past week… a first sign that something may finally be in the works. (Photo below by Steven.)
The lot has sat quiet since January, when crews finished demolishing six buildings at 50-64 Third Ave.
Here's a plot view from earlier this year ... via the AMC Village 7 on the NW corner of Third Avenue and 11th Street...
Kinsmen Property Group — a joint venture between State Building Group and another Toronto company, Madison Group — bought the walk-up buildings over several years, paying more than $60 million for the parcel.
Residences are planned for the space — the site allows for 160,000 square feet of new construction. However, there aren't any new building work permits on file with the Department of Buildings just yet.
We spotted a rendering for the new building in September 2023, though it's unclear if this is the final design.
What's the deal with the vacant lot at 2nd Avenue and 3rd Street?
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