CEO Brad Lamb announces $360-million-dollar Hamilton, ON real estate development project
HAMILTON, ON, July 12, 2017 /CNW/ - Brad Lamb of Lamb Development Corp., in partnership with Aaron Collina of Movengo Developments, reveals Television City, a large scale world-class development site to be built in Hamilton, ON for residential and retail purposes. Designed by Peter Clewes of architectsAlliance, with interiors by Kelly Cray of U31, the development is the largest plan proposed in Hamilton to date.
Television City is a $360-million-dollar project that will house approximately 618 units in total once complete and occupy 44,000 sq. ft. of land. Located at 163 Jackson St. West, the proposed development will consist of two connected high-rise towers, one 40-storey and one 30-storey.
"Hamilton is in the midst of a cultural renaissance, making it one of Canada's most exciting cities. Its growth represents tremendous opportunity for residents, entrepreneurs and investors," said Brad Lamb, CEO of Lamb Development Corp. "The emerging culture, hospitality, medical and technology scene, along with the recent surge in locally based investment, combine to create a vibrant city for buyers and residents of Television City."
The buildings will feature approximately 485,424 square feet of usable space, with 474,080 square feet dedicated to residential units and 11,344 square feet of retail space. The historic mansion currently on-site is a heritage building built in 1850 that will be repurposed and maintained as part of Television City.
"We preserved the heritage of the 1850s mansion that housed a broadcast studio for over six decades through features like the playful display of vintage televisions," said Kelly Cray, principal of U31. "The overall aesthetic is nostalgic but modern, with nods to media, expressed through reintroduced elements such as graphic wallpapers containing subtle retro nuances."
Owners and residents will be able to enjoy hotel-like amenities featuring an outdoor infinity pool, fitness centre and skyclub. Additionally, a co-op tech centre will allow professionals and creatives to use a workspace environment that fosters collaboration and fulfils their work-at-home digital needs. A children's play centre, private dog walk and pet-washing station will appeal to growing families.
With climbing real estate prices in Toronto, Lamb recognizes homebuyers are now searching outside of the downtown core for property. His aim is to deliver housing that is urban and modern for those relocating, while simultaneously appealing to existing residents looking to live in a condo community.
Television City will offer Hamilton residents and outside investors the opportunity to experience the elevated lifestyle that comes with the Lamb Standard of design. This includes European-style modern kitchen cabinetry and double thick stone kitchen and vanity counters, 9-foot ceilings or higher, loft style exposed concrete features, spa quality bathroom finishes, gas cooking and gas BBQ nozzles on all balconies. These are implemented into all Lamb units, and are a part of what makes Lamb Development Corp. the leader in Canadian condo development.
Units will start at approximately CAD $220,000, which is 35 per cent lower than comparable Toronto condos. Condominium styles include studio, one bedroom, one plus den, two bedrooms, two plus den, three bedrooms and penthouses, from 400 to 2000 sq. ft.
Condos will be available for sale to the public at the site sales office, which will open in mid-to-late September. Occupancy is scheduled for August 2021. To register for more information on Television City, please visit televisioncity.ca or call 416-368-5262.
About Lamb Development Corp:
Toronto's top condominium broker Brad J. Lamb founded Lamb Development Corp. (LDC) in 2001 in order to directly participate in the development of stylish, urban condominium projects. At that time, with over 13 years of experience in consulting, marketing, and the selling of more than 100 of Toronto's most innovative and exciting projects, Mr. Lamb wanted to bring something different to the development world. Since then, he has done just that. Lamb Development Corp. has become one of the country's busiest development companies, with each project pioneering up-and-coming locations and delivering a stylish, urban solution to each property.
SOURCE Lamb Development Corp.