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| Corner of John & Front Streets. [Image Source] |
Oxford Properties has provided several optimistic renderings of its proposed Oxford Place in Downtown Toronto. The development may be contingent on the project securing a casino component. After yesterday’s announcement that Cadillac Fairview has partnered with MGM Resorts for a Greater Toronto Area casino, Oxford Place’s development may be downscaled. We cannot confirm anything yet so we are instead posting these stunning renders of a project that we hope is built.
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| Front Street, looking south towards Lake Ontario. [Image Source] |
We previously reported that Oxford Place could include a 1million square foot retail component, housing such department stores as La Maison Simons and Nordstrom. Again we have no updates at this time, given the preliminary nature of this proposal.
Toronto City Counsel votes on the future of city casino proposals in April. Retail Insider will be watching closely to see if Oxford Place will become a reality one way or another.
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| Rendering of the proposed retail component. [Image Source] |
Thank you to ‘toforumer’ at urbantoronto.ca for posting these fabulous photos, extracted from the .pdf provided by Oxford Properties, link below.
Oxford Place proposal .pdf: http://oxfordplace.ca/OxfordPlaceDevelopment.pdf
Oxford Properties website: www.oxfordproperties.com
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Stunning render on the top. This is a big opportunity for urban realm. The casino is obviously the big wild card (hah) in the whole equation for both CF and Oxford's plans. I doubt we would see Nordstrom with Oxford given that CF is bringing them in to Canada presently. But there are lots of options for upscale department store and, let's face it, Holt's might get its act together in the face of some competition.