Item - 2016.TE18.39

The Toronto and East York Community Council directed that:

1.  Staff schedule a community consultation meeting for the lands at 497, 505, and 511 Richmond Street West together with the Ward Councillor.

2. Notice for the community consultation meeting be given to landowners and residents within 120 metres of the site, and to additional residents, institutions 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 of the Planning Act.

This application proposes to develop a 13-storey (55.5 metres, including mechanical penthouse) mixed-use building at 497, 505, and 511 Richmond Street West.  The proposal incorporates the existing heritage designated building on the site, the Waterworks Buildings, a former public works complex.  The proposed development would include retail at grade, a YMCA on the second and third floors and residential above.  The proposed gross floor area is 31,528 square metres, including 23,528 square meters of residential gross floor area and 8,000 square metres of non-residential gross floor area.  A total of 299 residential units are proposed including 15 affordable-ownership units to be managed by Artscape.  Four levels of below-grade parking are proposed, which would include 184 parking spaces.

At the time of application, the site was owned by Build Toronto.  It is expected that during the course of the review of this application the property titled will be transferred to MOD Developments, the applicant for this proposal.

This report provides preliminary information on the above-noted application and seeks Community Council's direction on further processing of the application and on the community consultation process.  Next steps include the applicant's submission of a complete application and the scheduling of a community consultation meeting.  A final report is targeted for the first quarter of 2017.  The target date of the final report assumes that the applicant will provide all required information in a timely manner and address the issues identified in this report and any additional issues that arise through the review process.