Richcraft heads to Little Italy

Richcraft Homes is set to join SOHO and Domicile in the development of Little Italy/Dow's Lake, as they negotiate the final details of the purchase of the Dow Honda dealership on Carling Avenue, just west of Preston Street:

Between the recent construction on Preston St and the anticipated expansion of the O-train track immediately to the west, Dow Honda feels the time is right to move.

So far no specifics details have been released about Richcraft's development plans, which is set to include a mix of residential, office and retail space in this most enviable location just steps from Dow's Lake Pavilion. Given the disappointing results seen at SOHO Parkway on Parkdale, I don't believe I'm alone in welcoming a new developer into this neighbourhood.