2 Large Condo Developments Planned For Yorkville Toronto means an additional 1766 new units for the neighbourhood

A Community Consultation Meeting was held on Monday October 29, 2012 at the Stone Church 45 Davenport Road to discuss the new condo development proposals for

27-37 Yorkville Avenue & 50 Cumberland Street
50 Bloor Street West – Holt Renfrew Centre

27-37 YORKVILLE AVENUE & 50 CUMBERLAND STREET – GREEN P PARKING GARAGE SITE

Toronto City Council has approved the sale of the city owned Green P Yorkville Cumberland Parking Garage to Developer Minto. Located directly south of the New Four Seasons Hotel & Private Residences, it started out as a surface parking lot in the mid-1950’s and in 1974 was developed into a 1000 space parking garage.

The footprint of this property expands across the entire city block as it fronts on both Yorkville Avenue to the north and Cumberland Street to the south. The six storey garage has both a retail component with the Shops of the Village Arcade including Dinah’s Cupboard and an office space component.

Developer Minto is proposing to build two condominium towers on the site, one 69 storeys (North Tower or Tower A) and the other 55 storeys high (South Tower or Tower B) which will house a total of 1166 residential condo units. The 11 storey podium of the project will feature retail space on the first and second floors and then seven levels of above ground parking.

Approximately 802 parking spots will be provided for public parking through the Toronto Parking Authority on floors three to nine. Three levels of underground parking, 370 spaces, will be alloted for residents of the condominium towers and accessed from Cumberland Street.

The North Tower or Tower A will have a total of 655 residential condo units with a proposed breakdown of:

52 Studios or Bachelors 484 One Bedroom Units 107 Two Bedroom Units 12 Penthouses

The South Tower or Tower B will have a total of 511 residential condominium units with a proposed breakdown of:

52 Studios or Bachelors 364 One Bedroom Units 83 Two Bedroom Units 12 Penthouse Units

With the sale slated to close in 2015 the design work is in the early stages. Initially as the project goes into the construction phase, the Yorkville neighbourhood will lose 1000 parking spaces and then it will gain back 800 public parking spaces once the project is complete.

An application has been submitted to the City of Toronto to build an 83 storey tower on the site of the Holt Renfrew Centre between Yonge and Bay Streets on Bloor. The first 8 storeys to be made up of a commercial/office podium and the remaining floors above would be residential condominium of approximately 600 units. Also the plan includes a below grade parking garage with 620 parking spaces.

Morguard Investments and Pensionfund Realty has submitted an application to the City of Toronto to redevelop the Holt Renfrew Centre, a multi-level retail complex at 50 Bloor Street West which starts from the shared public laneway, Mayfair Mews and goes west along Bloor to Holt Renfrew.

The first element is creating an 8 storey commercial podium beginning at Mayfair Mews that extends along Bloor Street West and retains the four level Holt Renfrew store but adds four more storeys plus a rooftop garden on top of the flagship luxury department store. The 8 storey podium will be made up of retail space and offices.

The second element is building a 72 storey residential condominium tower plus 3 building service levels that sits on top of the 8 retail podium but does not extend over Holt Renfrew as the rooftop garden above Holt Renfrew becomes part of the amenities for the condominium building. The condominium tower will be made up of approximately 600 units divided into three sections. Levels 11-38 will be the Garden Terrace Suites, followed by the City View Suites on floors 41-65 and topped off with the Sky-garden Penthouses on floors 68-80. The new address for the condominium building will be 30 Bloor Street West with its entrance at Mayfair Mews.

There are also plans for 6 level underground parking garage under the condominium tower at 30 Bloor Street West consisting of approximately 620 parking spaces for the condominium residents and commercial tenants.

30 Bloor Street West will feature 75 bachelor or studio units, 275 one bedrooms, 200 two bedrooms and 50 three bedroom apartments for a total of 600 units.

30 Bloor Street West Condominium Amenities

Twenty four hour concierge
Valet parking

Garden Terrace Levels 9 & 10 features:

Indoor lap pool and lounge
Wellness spa
Fitness centre with double height climbing wall
Children’s playroom
Dining room with catering kitchen
Party room
Games room

Outdoor Rooftop Terrace features

- Outdoor pool & sundeck
- Outdoor lounge with fireplace
- Outdoor dining area with barbeque
- Outdoor running track
- Roller blade oval
- Ice-skating rink
- Tennis court

Outdoor children’s and games area

City View Levels 39-40 features: