Item - 2011.TE8.40

The Toronto and East York Community Council directed that:

1.         Staff schedule a community consultation meeting for the lands at 501 to 521 Yonge Street, 6 to 8 Alexander Street and 23 Maitland Street together with the Ward Councillor.

2.         Notice for the community consultation meeting be given to landowners and residents within 120 metres of the site, and to additional residents and owners to be determined in consultation with the Ward Councillor, with any additional mailing costs to be borne by the applicant.

3.         Notice for the public meeting under the Planning Act be given according to the regulations under the Planning Act.

4.         Staff undertake the North Downtown Yonge Street Planning Framework process and community consultation as outlined in the Preliminary Report dated May 30, 2011 from the Director, Community Planning, Toronto and East York District, and submit a report on this matter to the Toronto and East York Community Council in the fourth quarter of 2011.

This application was made after January 1, 2007 and is subject to the new provisions of the Planning Act and the City of Toronto Act, 2006.

This application proposes to redevelop the site with a mixed use development with two 58-storey towers (192 metres each including mechanical penthouse) containing 480 units each for a total of 960 residential units.  The towers are proposed on a common 7-storey podium (23 metres) containing above grade parking and retail uses.

This report provides preliminary information on the above-noted application and seeks Community Council's directions on further processing of the application and on the community consultation process.

The next step is to conduct a community consultation meeting to allow the public to review the application and provide feedback.