Item - 2023.TE4.7

The Toronto and East York Community Council recommends that:

1. City Council amend Zoning By-law 438-86 for the lands at 39-53 Fraser Avenue, 8-42 Pardee Avenue and 135 Liberty Street, substantially in accordance with the draft Zoning By-law Amendment included as Attachment 5 to the report (March 23, 2023) from the Acting Director, Community Planning, Toronto and East York District.

2. City Council authorize the City Solicitor to make such stylistic and technical changes to the draft Zoning By-law Amendment as may be required.

3. Prior to introducing the necessary Bills to City Council for enactment, City Council direct that the owner shall:

a. enter into a Heritage Easement Agreement(s) with the City for the properties at 41 Fraser Avenue, 47 Fraser Avenue and 135 Liberty Street substantially in accordance with plans and drawings dated June 10, 2022 prepared by Sweeny & Co. Architects and the Heritage Impact Assessment dated February 3, 2023 prepared by ERA Architects Inc., subject to and in accordance with the approved Conservation Plan required in Recommendation 3.b. below to the satisfaction of the Senior Manager, Heritage Planning, including execution of such agreement(s) to the satisfaction of the City Solicitor; and

b. provide a detailed Conservation Plan prepared by a qualified heritage consultant that is substantially in accordance with the conservation strategy set out in the Heritage Impact Assessment for 41 Fraser Avenue, 47 Fraser Avenue and 135 Liberty Street dated February 3, 2023 prepared by ERA Architects Inc., to the satisfaction of the Senior Manager, Heritage Planning.

The Toronto and East York Community Council held a statutory public meeting on April 12, 2023 and notice was given in accordance with the Planning Act.

This report reviews and recommends approval of an application to amend the Zoning By-law to permit the development of two non-residential buildings with a 10-storey building fronting Fraser Avenue and an 11-storey building fronting Pardee Avenue, with retention of existing heritage buildings on the site. The buildings are proposed to contain a total of 29,417 square metres of office space and 1,340 square metres of retail space at-grade. Three levels of underground parking are proposed with 67 vehicle parking spaces and a total of 178 bicycle parking spaces. The proposed development would result in a built form that fits within the existing and planned context, conserves identified heritage resources and significantly improves the public realm with publically accessible open spaces, streetscaping on all three frontages and the introduction of a sidewalks on Liberty Street and Pardee Avenue.