Item - 2024.TE16.4

The Toronto and East York Community Council recommends that:

1. City Council amend Zoning By-law 569-2013 for the lands at 517-523 Richmond Street East and 97-115 Berkeley Street substantially in accordance with the draft Zoning By-law Amendment included as Attachment 6 to the report (September 9, 2024) from the 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. City Council request that the owner make reasonable commercial efforts to convey off-site parkland to the City equal to the value of the on-site parkland dedication, in fulfilment of the parkland dedication requirements pursuant to Section 42 of the Planning Act, with the final location and configuration of the off-site parkland dedication to be acceptable to the General Manager, Parks, Forestry and Recreation and free and clear of any above or below grade encumbrances, with the exception of any encumbrances as may be otherwise approved by the General Manager, Parks, Forestry and Recreation, to be conveyed prior to the issuance of the first above grade building permit; and

a. the location of the off-site parkland dedication to be generally located within the King-Parliament Secondary Plan boundary;

b. in the event that the off-site parkland dedication is less than the value of the on-site parkland dedication, then the owner will pay cash-in-lieu of parkland to make up for the shortfall in parkland dedication, prior to the issuance of the first above grade building permit;

c. in the event that the owner sufficiently demonstrates that they made reasonable commercial efforts to secure an acceptable off-site parkland dedication but were unable to do so, the owner will be required to satisfy the parkland dedication requirement through the payment of cash-in-lieu; and

d. the value of the cash-in-lieu of parkland dedication will be appraised through Real Estate Services and payment will be required prior to the issuance of the first above grade building permit.

4. City Council authorize the City Solicitor and appropriate City staff to take such steps, as required, to implement City Council's decision.

5. City Council request the General Manager, Transportation Services to review and report back on the feasibility of amending Schedule B of the City of Toronto Municipal Code Chapter 925, Permit Parking, to exclude the development located at 517 Richmond Street East from Permit Parking.

The Toronto and East York Community Council held a statutory public meeting on September 25, 2024 and notice was given in accordance with the Planning Act.

This report reviews and recommends approval of the application to amend the Zoning By-law to permit a 45-storey (156 metres, including mechanical penthouse) mixed-use building at 517-523 Richmond Street East and 97-115 Berkeley Street. The proposal includes 656 dwelling units and approximately 718 square metres of non-residential gross floor area.

The site contains properties designated under Part IV of the Ontario Heritage Act located at 111 and 115 Berkeley Street and proposes the partial retention of the 2.5-storey semi-detached heritage buildings.