Item - 2026.TE31.6

The Toronto and East York Community Council recommends that:

1. In accordance with the delegated approval under Section 415-16 of the Toronto Municipal Code, as amended, City Council be advised that the Executive Director, Development Review intends to approve the Draft Plan of Subdivision for 333 Lake Shore Boulevard East, 200 Queens Quay East, and 2, 11, and 11 R Small Street, and portions of the current Parliament Street alignment and Queens Quay East, as generally illustrated in Attachment 3 to the report (March 16, 2026) from the Director, Community Planning, Toronto and East York District, subject to:

a. draft approval conditions which must be fulfilled prior final approval and the release of the Plan of Subdivision for registration;

b. resolution of outstanding matters arising from the technical review of the application, as set out in the report (March 16, 2026) from the Director, Community Planning, Toronto and East York District, to the satisfaction of the City; and

c. any revisions to the proposed subdivision plan or any additional modified conditions as the Executive Director, Development Review may deem to be appropriate to address matters arising from the ongoing technical review of this development.

2. City Council approve that in accordance with Section 51 of the Planning Act, the owner shall convey to the City, an on-site parkland dedication, having a minimum size of 8,992 square metres (Blocks 2, 3 and 6), to the satisfaction of the Executive Director, Development Review and the City Solicitor in accordance with the timing established in the Quayside Projects Delivery Agreement dated April 29, 2024.

3. City Council approve the acceptance of on-site parkland dedication, subject to the owner transferring the parkland to the City free and clear, above and below grade, of all easements, encumbrances and encroachments (with the exception of Dock Wall and Temporary Easement requirements), in an acceptable environmental condition; the owner may propose the exception of encumbrances of tiebacks, where such an encumbrance is deemed acceptable by the Executive Director, Development Review, in consultation with the City Solicitor; and such an encumbrance will be subject to the payment of compensation to the City, in an amount as determined by the Executive Director, Development Review and the Executive Director, Corporate Real Estate Management.

The Toronto and East York Community Council held a statutory public meeting on April 1, 2026 and notice was given in accordance with the Planning Act.

This report advises that the Executive Director, Development Review, acting under delegated authority, intends to approve the Draft Plan of Subdivision necessary to facilitate the second phase of development of the Quayside lands, encompassing 333 Lake Shore Boulevard East, 200 Queens Quay East, and 2, 11, and 11 R Small Street, as well as portions of the current Parliament Street alignment and Queens Quay East ("Quayside Phase Two"), subject to conditions.

The application proposes to create a total of eight blocks, consisting of an extension of Queens Quay East, the creation of two development blocks with a combined size of 1.015 hectares, two public streets, two public parks (Silo Park and the Water’s Edge Promenade) and Parliament Slip lake fill. The approval of the Draft Plan of Subdivision will be subject to conditions that require the transfer of streets and parkland into public ownership, the reservation of a block for a school site, construction of municipal services, and other matters that will facilitate the orderly development of Quayside Phase Two lands.

The application is consistent with the Provincial Planning Statement (2024). The application also conforms to the City's Official Plan, Central Waterfront Secondary Plan, Keating Channel Precinct Plan, and has regard for the criteria in Section 51(24) of the Planning Act, subject to addressing outstanding matters from the ongoing technical review of the application.