Peter & Richmond
In October 2014 Carlyle acquired 128 Peter Street, a former nightclub located at the southwest corner of Peter Street & Richmond Street West, within the vibrant and burgeoning Entertainment District. The acquisition was driven around Carlyle’s continued focus on acquiring prime real estate in the popular and growing neighbourhood. Since that time, Carlyle has gone on to assemble five additional properties generating a 17,500 sq. ft. development site in one of Toronto’s fastest growing neighbourhoods. The area has emerged as one of the most in-demand places to live, becoming a local “hot spot” for young professional to live largely as a result of its close proximity to the Financial District, many of the City’s best restaurants, bars, nightspots and performance venues.
Carlyle successfully rezoned the property and divested in Q1 2021.
120-128 Peter Street & 357-359 Richmond Street West
Site Area: 17,500 sq. ft.
GFA: 250,000 sq. ft.
No. Storeys: 39
No. Suites: 350
Heritage Architect: Goldsmith Borgal & Company
Landscape Architect: MBTW Group