A new application has been submitted to City Planning for the former Toronto Sun Building at 333 King Street East by First Gulf Corporation and Diamond & Schmitt Architects. The building is now home to Coca-Cola's headquarters, a National Bank branch, No Frills and an LCBO outlet on the western side of the property, but the eastern part is still in the planning stage.

The original application made to the city in the summer of 2010 proposed a 35- to 40-storey tower on the site, however there were concerns with the structure's design, fit with the neighbourhood and conformity with the King-Parliament Secondary Plan, which serves as a guideline for development of this area. This new application for the eastern portion of the property proposes three separate, smaller towers on the site. Here is a rendering of the proposal:

Rendering for 333 King Street East image by First Gulf Corporation

On the east side of the site, a 16-storey office tower and 24-storey, 262-unit condo abut Berkeley Street. The southwest side, along Front Street, will be home to a 19-storey office tower. There are also provisions for ample parking, not just for cars (628 spaces) but parking for 540 bicycles as well. At a height of 69 meters, even the smallest tower exceeds the site's height restriction by 43 meters. The original plan would have exceeded the height restriction by more than twice that height. Given the concern expressed for the first single-tower design, it is unlikely the amendment would have been approved.

image by Toronto City Planning

The city's recent report on this application recommends a community consultation and presentation to the Design Review Panel be held in the second quarter of 2012.