New plan calls for 47 storeys at Yonge–St. Clair

North Toronto Post - - News -

Deer Park res­i­dents and the lo­cal coun­cil­lor are an­gry with a de­vel­oper who con­tin­ues to push for new heights at Yonge Street and St. Clair Av­enue.

De­vel­oper Ter­ra­cap Man­age­ment Inc. has added five storeys to the de­vel­op­ment pro­posal cur­rently in front of the On­tario Mu­nic­i­pal Board (OMB). The initial plan, de­nied by Toronto City Coun­cil in Novem­ber 2015, called for 42 storeys at 1421 Yonge St. on the south­east cor­ner of the in­ter­sec­tion.

Coun­cil­lor Josh Mat­low said that he and rep­re­sen­ta­tives of the Deer Park Res­i­dents’ Group were ini­tially op­ti­mistic when they met with the Ter­ra­cap of­fi­cials in July. How­ever, when the de­vel­oper un­veiled the amended plans for a 47-storey build­ing, Coun. Mat­low said the group felt like it was a “slap in the face.”

“I don't re­call ever see­ing a de­vel­oper come for­ward with a pro­posal for one height and then, af­ter lis­ten­ing to the com­mu­nity’s [con­cerns], com­ing back with some­thing big­ger,” he said.

The area’s official plan calls for mid-rise build­ings, no more than 11 storeys, on the sec­tion of Yonge Street from St. Clair Av­enue to Pleas­ant Boule­vard.

“The com­mu­nity and I are not op­posed to a re­de­vel­op­ment of the site. We want to see Yonge and St. Clair re­newed and re­vi­tal­ized,” said Coun. Mat­low. “But this spe­cific pro­posal is clearly ex­ces­sive and com­pletely out of whack with the city’s official plan.”

In ad­di­tion to the ex­tra five lev­els of of­fice space, the mixed-use project in­cludes 420 res­i­den­tial units, two lev­els of re­tail and 136 park­ing spa­ces.

“We re­searched all dif­fer­ent sec­tors of busi­ness: res­i­den­tial, re­tail and, of course now, of­fice,” said Shawn Fu­jiki, vice-pres­i­dent of real es­tate at Ter­ra­cap. “We have de­ter­mined there is a de­mand from our of­fice in the general node, so we thought that would be a great idea to in­cor­po­rate that into our de­vel­op­ment.”

The OMB will re­view Ter­ra­cap’s pro­posal and make its fi­nal de­ci­sion in a hear­ing sched­uled for June 2, 2017.

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