Item - 2025.TE26.2

The Toronto and East York Community Council recommends that:

1. City Council amend the Official Plan for the lands municipally known as 260-270 and 274-322 King Street West substantially in accordance with the draft Official Plan Amendment included as Attachment 14 to the report (October 3, 2025) from the Director, Community Planning, Toronto and East York District.

2. City Council amend Zoning By-law 438-86 for the lands municipally known as 260-270 and 274-322 King Street West substantially in accordance with the draft Zoning By-law Amendment included as Attachment 15 to the report (October 3, 2025) 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 Amendment and draft Zoning By-law Amendment(s) as may be required.

4. City Council require the owner of the lands at 260-270 and 274-322 King Street West to enter into and register on title an amending Section 37 Agreement which would amend the July 26, 2017 Section 37 Agreement registered as Instrument AT4755091 to the satisfaction of the City Solicitor and the Executive Director, Development Review, in consultation with the Ward Councillor; the following will be secured through the amended Section 37 Agreement:

a. a financial contribution to the City in the amount of $250,000, allocated to streetscape improvements within the vicinity of the site, to be provided prior to the issuance of the first above-grade building permit for the new West Block building, to be indexed upwardly in accordance with the Statistics Canada Construction Price Index for Toronto from the date Council adopts the Zoning By-law Amendment to the date the payment is made; and

b. all previously secured items with the exception of requirements related to Festival Square enhancements.

The Toronto and East York Community Council held a statutory public meeting on October 22, 2025 and notice was given in accordance with the Planning Act.

This report recommends approval of the application to amend the Official Plan and Zoning By-law; to permit an increase in residential gross floor area and a reduction in non-residential gross floor area within the Gehry Forma development previously approved at 260-270 King Street West (East Block) and 274-322 King Street West (West Block). The proposal is to permit residential uses within the base building of the proposed West Block building, currently approved for non-residential uses.

The site was the subject of a previous Official Plan Amendment application approved by Council in 2014 and a previous Zoning By-law Amendment application approved by the Ontario Municipal Board (OMB) in 2014 with the final order issued by the OMB in 2017 bringing the amending Zoning By-law into force and effect (By-law 1480-2017).

The previous approvals permitted two new mixed-use buildings designed by architect Frank Gehry at 260-270 and 274-322 King Street West (the East Block and West Block buildings). A total gross floor area of 174,000 square metres was permitted on the site, including a maximum residential gross floor area of 138,100 square metres and a minimum non-residential gross floor area of 35,300 square metres, with the floor area permissions distributed between the East and West Blocks. The East Block is currently under construction. No changes are proposed to the previously approved heights, building envelopes or setbacks of the buildings on either the East or West Blocks and no changes are proposed to the overall gross floor area permitted on the site.