Item - 2023.TE6.7

The Toronto and East York Community Council recommends that:

1. City Council amend the Official Plan, for the lands at 1-7 Yonge Street substantially in accordance with the draft Official Plan Amendment included as Attachment 12 to the report (June 6, 2023) from the Acting Director, Community Planning, Toronto and East York District.

2. City Council amend Zoning By-law 249-2020 for the lands at 1-7 Yonge Street substantially in accordance with the draft Zoning By-law Amendment included as Attachment 13 to the report (June 6, 2023) from the Acting Director, Community Planning, Toronto and East York District.

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

4. City Council direct General Manager, Transportation Services to investigate and consider potential traffic management improvements in the Lower Yonge area to be completed by the fourth quarter of 2023 such as:

a. introducing a left turn signal at the Queens Quay East and Freeland Street intersection leading into the Pier 27 development;

b. prohibiting a right turn at Queens Quay East, Lower Jarvis Street, and Yonge Street during peak hours except for TTC buses; and

c. adding a left turn signal at the southbound Yonge Street to Downes Street.

The Toronto and East York Community Council held a statutory public meeting on June 22, 2023 and notice was given in accordance with the Planning Act.

This report reviews and recommends approval of the application to amend the Official Plan and Zoning By-law to permit hotel uses and redeployment of density in the previously-approved Phases 4 and 5 of Pinnacle's 1-7 Yonge Street development.  The previous approvals allowed for two non-residential buildings and the reuse of the existing Toronto Star building containing commercial uses.

The application conforms to relevant Provincial plans as well as the policies of the Official Plan and Central Waterfront Secondary Plan. The proposal's exclusively non-residential land use will increase job opportunities and contribute to creating a true, mixed-use community in the Lower Yonge Precinct. The proposal provides for public realm improvements and a built form that is appropriately massed and sited.