Item - 2021.NY22.12

North York Community Council directed that:

1. Staff schedule a community consultation meeting for the application located at 5051 to 5061 Yonge Street together with the Ward Councillor.

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

This report provides information and identifies a preliminary set of issues regarding the application located at 5051 to 5061 Yonge Street. 

The proposed 42-storey (135 metres excluding mechanical) development includes non-residential uses in the first 6 storeys, with grade related retail located along Yonge Street. A residential tower above the base building would include a total of 350 units.

The proposed gross floor area (GFA) of the development is 38,814 square metres, consisting of 27,710 square metres of residential GFA and 11,104 square metres of non-residential GFA, including 750 square metres of retail space and 10,354 square metres of office space.  The proposed floor space index (FSI) is 13.13 times the site area.

Staff are currently reviewing the application. It has been circulated to all appropriate agencies and City divisions for comment. Staff will proceed to schedule a community consultation meeting for the application with the Ward Councillor.