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We wrote back on April 6, 2011 that Lanterra Developments had purchased 501 Yonge Street for a cool $38.5 million dollars. At the time speculation was rampant as to their plans for the site. Well we now know from their rezoning application that they plan on going tall, really tall.
501 YONGE ST
OPA / Rezoning 11 187996 STE 27 OZ Ward 27 - Tor & E.York May 5, 2011
Standard rezoning application to construct 2 new mixed use buildings on one common podium. 58 Stories, retail at grade - 960 residential units - 2 levels parking above retail spaces - with 360 parking spaces - 940 bicycle parking space
OPA / Rezoning 11 187996 STE 27 OZ Ward 27 - Tor & E.York May 5, 2011
Standard rezoning application to construct 2 new mixed use buildings on one common podium. 58 Stories, retail at grade - 960 residential units - 2 levels parking above retail spaces - with 360 parking spaces - 940 bicycle parking space
This image by Urban Toronto forum member dt_toronto_geek gives an indication of just how tall these buildings will be and just how much they may impact the surrounding neighbourhood.
This article was originally published in forum thread: 501 Yonge Street (Lanterra, seeking 58s x2)
| Related Companies: | architects—Alliance, BVGlazing Systems, Isotherm Engineering Ltd., McIntosh Perry, NAK Design Strategies, Rebar Enterprises Inc, UCEL Inc. |
