Pinemount, Elysium partner on Toronto multi-use tower project

TORONTO — Pinemount Developments and Elysium Investments have announced a partnership to redevelop 3406-3434 Weston Rd. in Toronto.

The 1.78-acre property is located a minute’s walk from the new Finch West LRT station (Emery), stated a release. The planned project will be a mixed-use, multi-tower highrise development.

The current use is a fully leased single-storey commercial plaza.

The partners say they are “looking forward to leveraging each other’s extensive experience in acquiring and developing multi-family assets across Ontario, to yield a development site that will serve the emergent housing and commercial space demand from the near-complete Finch West LRT line.”