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What Is The Current Development Status Of 39 Newcastle Street Following The Developer Transition?

What Is The Current Development Status Of 39 Newcastle Street Following The Developer Transition?

Following the VANDYK Group’s restructuring, Osmington Gerofsky Development Corp has officially taken the lead in advancing the site. In late 2024 and throughout 2025, new plans were filed to increase the project’s scale to three towers (up to 42 storeys) and approximately 1,578 units, primarily focusing on rental tenure to address the city’s housing shortage. This evolution ensures the completion of a critical piece of the Grand Central Mimico master-planned vision.