With financing in place, luxury mixed use project finally will rise across from Maurice Gibb Park

Developer Bradley Colmer’s proposal to build a luxury mixed use project in Sunset Harbour dates back more than six years, and involved skirmishes with a neighboring condo and towing company.

Work on the five-story project, a joint venture of Colmer’s Deco Capital and RWN Real Estate Partners, is moving forward, and $60 million in construction financing now in place, The Real Deal reported Wednesday.

The project, just east of Maurice Gibb Park between Purdy and Bay Road, includes two floors of office space, a luxury penthouse condo and ground level retail and restaurant space.

Colmer first proposed the project in 2015, but withdrew it in June 2016 in the midst of litigation between Deco Capital and Beach Towing, which operated on a nearby property.

Now called Eighteen Sunset, completion of construction is targeted at 2023.

One response to “With financing in place, luxury mixed use project finally will rise across from Maurice Gibb Park

  1. Yeah, completely blocking my beautiful view of the bay and, hence, decreasing the value of my property. You’ll excuse me if I don’t celebrate the erection of yet another concrete and glass monstrosity. And shops? Do we really need more shops? Half of Lincoln Road is empty for pete’s sake!
    “The planners get embarrassed when their plans go wrong.”

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