Item - 2024.TE15.7

The Toronto and East York Community Council recommends that:

1. City Council amend the Official Plan for the lands at 20-22 Front Street West substantially in accordance with the draft Official Plan Amendment included as Attachment 5 to the report (June 21, 2024) from the Director, Community Planning, Toronto and East York District.

2. City Council amend City of Toronto Zoning By-law 569-2013 for the lands at 20-22 Front Street West substantially in accordance with the draft Zoning By-law Amendment included as Attachment 6 to the report (June 21, 2024) from the 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 and Zoning By-law Amendments as may be required.

4. City Council authorize the Executive Director, Housing Secretariat, on behalf of the City, to negotiate and execute, a Municipal Housing Facility Agreement (the City's Contribution Agreement), or amendments to existing Contribution Agreements, where applicable, with the appropriate legal entities for the development, or related entities, to secure the financial assistance and to set out the terms of the development and operation of the new affordable rental housing, on terms and conditions satisfactory to the Executive Director, Housing Secretariat, in consultation with the Chief Financial Officer and Treasurer, and in a form approved by the City Solicitor.

5. City Council authorize the Executive Director, Housing Secretariat, on behalf of the City, to execute any security or financing documents, or any other documents required to facilitate the development, including any documents required by the developers of the development, or their related corporations, to complete pre-development activities, construction and secure conventional financing, where required, including any postponement, confirmation of status, discharge or consent documents where and when required during the term of the Municipal Housing Facility Agreement, as required by normal business practices, and provided that such documents do not give rise to financial obligations on the part of the City that have not been previously approved by City Council.

6. City Council authorize the proposed 16 affordable rental dwelling units (with a minimum gross floor area of 1,230 square metres) to be eligible for waivers of fees for planning application, building permit, parkland dedication and development charges exemptions, unless already paid or exempted by provincial legislation.

7. City Council authorize an exemption from taxation for municipal and school purposes for the affordable rental units and for 99 years.

8. City Council authorize the Controller to cancel or refund any taxes paid after the effective date of the exemption from taxation for municipal and school purposes as set out in the applicable Municipal Housing Facility Agreement (the City's Contribution Agreement).

9. City Council request the Chief Planner and Executive Director, City Planning, that the following matter, among others, be secured through the Site Plan Control approval for the proposed development, pursuant to Section 114 of the City of Toronto Act, 2006, and secured in a Site Plan Agreement with the City:

a. the owner shall provide and maintain 599 dwelling units at 20-22 Front Street West as rental housing for a period of at least 99 years commencing from the date the Zoning By-law Amendment comes into force and effect, with no application for demolition or conversion to condominium ownership or from residential rental use during the 99-year period, all to the satisfaction of the Chief Planner and Executive Director, City Planning and the City Solicitor.

10. City Council direct the City Solicitor to withhold the necessary Bills for enactment, until the owner has, at its sole cost and expense:

a. entered into one or more agreement(s) with the City, to secure the Affordable Rental Housing Units on the terms set out in Attachment 7 to the report (June 21, 2024) from the Director, Community Planning, Toronto and East York District, to the satisfaction of the Chief Planner and Executive Director, City Planning and the City Solicitor, and has registered on title to the site, a Section 118 Restriction under the Land Titles Act, to the satisfaction of the City Solicitor, agreeing not to transfer or charge those parts of the lands, comprising the minimum residential gross floor area of 1,230 square metres toward the affordable dwelling units, without the written consent of the Chief Planner and Executive Director, City Planning or designate, to assist with securing the Affordable Rental Housing Units against future owners and encumbrances of the lands until such time as the City Solicitor determines that its registration on title is no longer required;

b. entered into a Municipal Housing Facility Agreement (the "Contribution Agreement") with Housing Secretariat, to ensure the financial assistance being provided and set out in the terms of the operation of the Affordable Rental Housing Units, on terms and conditions acceptable to the Executive Director, Housing Secretariat, and in a form satisfactory to the City Solicitor; and

c. entered into a Limiting Distance Agreement, or similar legal instrument, with the City and the owners of the properties on both the east and north sides of 20-22 Front Street West, to be registered on title to the adjacent properties, that would prevent the erection of tall buildings for the portions of the adjacent sites along both the east and north shared property lines of 20-22 Front Street West, to the satisfaction of the Chief Planner and Executive Director, City Planning and the City Solicitor.

11.  City Council request the Chief Planner and Executive Director, City Planning to consider securing, as part of the site plan agreement, a construction management plan that incorporates findings from a noise study and vibration study, and consult with the Hockey Hall of Fame given the potential impacts on the Hall’s historic collection and ongoing operations.

The Toronto and East York Community Council held a statutory public meeting on July 10, 2024 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 a 52-storey building that would integrate the existing designated heritage building into the base component of the development and would contain approximately 551 square metres of retail space on the ground floor and 599 rental dwelling units, including 16 affordable units, at 20-22 Front Street West.