Toronto 2350 Yonge | 173.08m | 49s | Bazis | Rosario Varacalli

[Northern Light]

OLT Merit Hearing is scheduled for Sept. 10th, 2024.

There are six interested parties, the proponent, the City, 3 other commercial land owners concerned w/adverse impacts generally as it pertains to future redevelopment, and a coalition of 4 residents groups.

The latter, amusingly, needed a lot of help and patience from the OLT, and the other parties, notwithstanding having hired a planner, as their issues list was cited more than once for use of inflammatory/inappropriate language.

Even after that help, the final version, I noted, actually manages not to refer to provincial policies or the OP at all; though it does ask questions that would be addressed by those docs in some measure.

Case Information

 

[UtakataNoAnnex]

...the children who hijack the adult conversations in the room.

 

[Northern Light]

10 months later, this one is before Council next week with a Settlement Offer:

High Level Link:

Agenda Item History 2025.CC32.23

Agenda Item History 2025.CC32.23

secure.toronto.ca

The offer:

https://www.toronto.ca/legdocs/mmis/2025/cc/bgrd/backgroundfile-257497.pdf

From the above:

From the Arch, Drawings:

@Paclo

 

[innsertnamehere]

This one is.. interesting. To be clear, it's only this part:

The dark orange part in this image is this application - the light orange part is 2346 Yonge St, a separate application.

It appears the City has agreed to treat them as "one tower" for the calculation of tower separation distances.

 

[innsertnamehere]

This is also a note I've never seen on a site plan before:

 

[Paclo]

Additional massing models with the updated 2350 Yonge and 2346 Yonge:

 

[NorthshoreCity]

Proposals for midtown Manhattan scale density at Y&E is wild

 

[jmi22]

City planning has no one but themselves to blame for this ridiculous conclusion

 

[biospherian]

These are what I'd come up with if someone told me to imagine the worst podium for that corner

 

[Koops65]

Link to HD render

 

[mapleto]

Both the towers were approved by OLT last week. https://olt.gov.on.ca/decisions/ (Case No: OLT-23-000686)

2346 Yonge St (in the place of RBC on Orchard View Blvd): https://www.omb.gov.on.ca/e-decisions/OLT-25-000062-NOV-12-2025.pdf
2350-2352 Yonge St (narrow block to the North, adjoining RBC ): https://www.omb.gov.on.ca/e-decisions/OLT-23-000686-NOV-12-2025.pdf

I wonder whether it is a game of poker between the two betting who is going to fold first, as the construction in the current form isn't going to be appealing to end buyer in any way IMO.

If it is a matter of hoarding the land and game theory, I wonder whether the City/Province will ever have penalties for keeping a lot vacant for long at prime locations, to prevent rent-seeking behavior.

 

[UrbanAffair]

I highly doubt that RBC closes for a vacant lot to sit for a long time. It is a decent income producing property with good rent on a corner site.

I suspect one of the owners buys out the other in due time.