Marlin Spring and Osmington Inc. have acquired a development property on Dawes Road in Toronto, Canada. The property is located in close proximity to a number of other sites under development by Marlin Spring.
This transit-oriented project, which is located in the flourishing Danforth Village neighbourhood, is in close walking distance to both the Main Street Subway Station and Danforth Go Station, which is one stop to Union Station, Toronto’s main transportation hub and an Osmington retail redevelopment project. Its prime location provides convenient access to a major shopping centre, community centre, parks and schools.
Marlin Spring and Osmington Inc. will develop a landmark mixed-use project with two high-rise towers containing over 500 homes.
“Acquiring this key property in the Danforth Village allows us to create another mixed-use development with much needed housing options along public transit lines. We are very pleased to be working together with our valued partners at Osmington on this exciting new project,” said Benjamin Bakst, CEO, Marlin Spring.
Read the full news release here:https://www.globenewswire.com/news-release/2019/11/11/1944879/0/en/Marlin-Spring-and-Osmington-Announce-Acquisition-in-Danforth-Area.html