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.
Project Name: Peter & Richmond
Address: 120-128 Peter St & 357-359 Richmond St W
Number of Storey: 42
Number of Suites: 350
Occupancy: Fall 2022
Carlyle Communities specializes in urban developments in Toronto's most sought-after neighbourhoods. Carlyle exists for forward thinking and utilizes a bottom-up approach in all facets of the development process. Carlyle prides itself on its ability to learn about the existing communities in which they work to develop a broad understanding of their unqiue nuances.
The Berkley Group of Companies is a privately held investment and development firm based in Toronto. Berkley has over 20 years of history in successfully investing, managing, and developing real estate across all major asset classes. The Company and its affiliates have also made strategic acquisitions of income producing real estate assets across Southern Ontario and the United States.
Fortress Real Developments
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