Item - 2013.TE22.41

The Toronto and East York Community Council directed that:

1.         Staff schedule a community consultation meeting for the lands municipally known as 266-270 and 276-322 King Street West together with the Ward Councillor for the second quarter of this year.

2.         Notice for the community consultation meeting be given to landowners and residents within 120 metres of the site, and to additional residents and owners to be determined in consultation with the Ward Councillor, with any additional mailing costs to be borne by the applicant.

3.         Notice for the public meeting under the Planning Act be given according to the regulations under the Planning Act.

This application proposes to redevelop two separate parcels, municipally known as 266-270 King Street West (east parcel) and 274-322 King Street West (west parcel) for the purpose of a mixed use development on each.

The East Parcel would be developed with an 82-storey mixed use building complete with a six storey base.  The West Parcel would be developed with two tower elements having total heights of 84 and 86 storeys from John Street to Ed Mirvish Way respectively, including a six-storey base.

A total of approximately 22,220 m2 of non-residential gross floor area, 2,709 dwelling units and 311 parking spaces are proposed.

The development as proposed would result in the complete demolition of four (4) properties designated under Part IV of the Ontario Heritage Act.

This report provides preliminary information on the above-noted application and seeks Community Council's directions on further processing of the applications and on the community consultation process.

Staff are recommending that this application continue to be processed, but that a final report not be submitted for Community Council consideration, until two separate studies that are currently underway, namely the King-Spadina East Precinct Built Form Review (Built Form Review) and Heritage Conservation District study, can better inform this applications' review.  Staff are targeting a final report for the application early in 2014.