Alliance REIT Completes Toronto Davenport Project Renovation

TORONTO — Alliance REIT announced the completion of renovations to Davenport on Davenport Road in Toronto.

The company is a Toronto-based private real estate investment trust. The three-story Davenport now includes four lofts and a new wine bar and restaurant.

Renovations included adding a third floor and building four apartments with new electrical, plumbing, HVAC, central air conditioning and attached washers and dryers, a statement said.

Units have 11-foot ceilings, century-old varnished plank floors, double exposed brick walls, and exposed 12-inch century-old beams that were salvaged during renovations.

“The intention was to turn this property into a six-unit residential building. However, after careful consideration, and given the incredible vine-covered street-side patio and the rich history of the building itself, we have decided to keep the lower level and the front of the building as a bar and restaurant,” Hooman Tabesh, CEO of Alliance REIT, said in a statement. “It is now the only mixed-use building in our portfolio.”

CURATED PROPERTIES — Curated Properties’ Akra development on Erskine Avenue in Toronto will focus on health and wellness. The consulting team includes RAW Design (architecture); Chapi Chapo Design (interior design); WND Associates (planning); Reinbold Engineering Group (mechanical); Nemetz (S/A) & Associates (electricity); Jablonsky Ast & Partners (structural); Fabian Papa & Partners (civilian); Alexander Budrevics + Associates (landscape); and RDH Building Science Inc. (envelope).

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