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Real Estate News

Nestlé turns NIMBY over a proposed mixed-use development near its Junction factory

By Kevin Hamilton
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Nestlé’s South Junction factory (Image: Uncle Tubby)
Nestle’s south Junction factory (Image: Uncle Tubby)

With the support of nearby residents, local developer Castlepoint Realty has proposed 45 new townhouses, several office towers (with urban garden roofs) and a public square in Toronto’s South Junction Triangle, which would go a long way toward revitalizing the barren neighbourhood. As it stands, the area is speckled with rubble and abandoned buildings—but apparently that’s the way Nestlé likes it. The company runs a chocolate factory nearby and fears that the 24/7 trucks, noise and even sweet aroma will drive occupants mad. Critics, however, point to another Ward 18 factory run by Cadbury, which has coexisted with its neighbours for years. For our part, we think Nestlé should probably just listen to its own advice. Read the entire story [The Globe and Mail] »

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