Item - 2016.TE18.43

The Toronto and East York Community Council directed that:

1.  Staff schedule a community consultation meeting for the lands at 34-50 King Street East and 2 Toronto Street 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.

A Zoning Amendment application has been submitted for 34 to 50 King Street East and 2 Toronto Street to permit a 33-storey mixed-use building consisting of 219 residential dwelling units, 10,006 square metres of office space, 255 square metres of retail space and 78 vehicular parking spaces in a 5-level underground garage.  The site is bordered by Victoria Street to the west, King Street East to the south,  Toronto Street to the east, and Old Post Office Lane to the north.

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

It is recommended that a community consultation meeting be scheduled by staff, in consultation with the Ward Councillor.  A Final Report and public meeting under the Planning Act to consider the application is targeted for the fourth quarter of 2017, provided that the issues raised in this report and through the review of the application are satisfactorily resolved and that any requested information is submitted by the applicant in a timely manner.