Item - 2019.TE8.15

The Toronto and East York Community Council recommends that:

1. City Council further amend former City of Toronto Railway Lands East Zoning By-law 168-93, as amended by By-law 1104-2016, for the lands bounded by Bay Street, Yonge Street, 1 Front Street West and the Rail Corridor (municipally known in 2018 as 141 Bay Street and the portion of lands designated for Transportation uses between Bay and Yonge Streets) substantially in accordance with the draft Zoning By-law Amendment attached as Attachment 1 to the report (August 20, 2019) from the Director, Community Planning, Toronto and East York District.

This application proposes to remove the Holding symbol (h) from Block 1a of the lands bounded by Bay Street, Yonge Street, 1 Front Street West and the Rail Corridor (municipally known in 2018 as 141 Bay Street and the portion of lands designated for Transportation uses between Bay and Yonge Streets) to permit the development of a 53-storey office tower with a 7-storey podium.

The owner has submitted Servicing Plans for the lot to the satisfaction of the General Manager, Toronto Water and the Executive Director, Engineering and Construction Services and have received confirmation from the General Manager, Toronto Water that there is sufficient servicing capacity to accommodate the development, both of which were conditions for the 'h' removal.