Toronto 142 Ryding Avenue | 115.3m | 34s | Urros | TACT

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From the Lobbyist Registry, we learn the above parcels are in play, or hope to be, with former Councillor Palacio retained to lobby for rezoning.

Details for Subject Matter Registration: SM32987​


Decision(s) or issue(s) to be lobbied

116 R & 126, 132, 140,142 Ryding Aven -Municipal Comprehension Review Request (MCR)

The Clients are the above listed Urros, and ACD Fresh and Frozen

***

Site is in the heart of the old stockyards and immediately to the south of lands already being redeveloped as housing.

However, these sites would continue to face employment/industrial uses pending further rezoning.

Site is a bit west of Keele, south of St. Clair.

Aerial Pic:

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Site size: is ~ 0.9ha or about 2.3 acres.

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Ryding Avenue east of Cobalt Avenue has to be one of the ugliest streets in the city. There's a really shabby stretch of road with a roadway that basically looks abandoned by the city. The industrial buildings are shabby. I know that local residents complain of truck drivers cutting through their residential streets.

It kind of feels like everyone involved in the area assumes that the industrial uses are finished and are just trying to make a bit more money before redeveloping. Even the city seems to collect a lot more tax revenue than it spends on the area. The roads look like they haven't been redone in decades.

This area made a lot of sense for industry and manufacturing when manufacturing needed trains. Every plant had rail connections, and they had easy access to both the CN and CP mainlines from the Stockyards. Now, though, it's awkwardly marooned between a residential area and a commercial area that's been rezoned for mixed-use Avenues-style development. None of the plants use the railway anymore.

It makes a lot of sense in my opinion to allow the rezoning. I also believe that the Maple Leaf Foods plant to the south is supposed to close, since they're consolidating their plants into one large new plant in London.
 
Ahem UT, you heard about it here first.

The above is now into the AIC:

For @Paclo

Architect: Tact

Proponent, as above, Urros

Max Height: 34s

Tenure TBD

Unit Total: 931

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Site Plan:

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Ground Floor Plan:

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Typical Floor Plate, Tower Levels - all buildings:

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Stats:

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@HousingNowTO may also be interested in this one.
 
Hmm, interesting...? It would have been helpful on the 'affordable housing' side if it had been in a pure EMPLOYMENT LANDS zone, but it is already MIXED.

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Weird move. This kind of entitlement doesn't secure the paper value it might have a couple years back. Zonings like this aren't worth the $2M in invoicing and fees it takes to get the density secured.
 
Weird move. This kind of entitlement doesn't secure the paper value it might have a couple years back. Zonings like this aren't worth the $2M in invoicing and fees it takes to get the density secured.

Many land owners look to inflate the value of their holdings for business reasons (e.g. to use as collateral for other projects). However, there seem to be people involved here who want to build here. They see that the area isn't going to be industrial anymore. They see the coming arrival of the UPX station, and they see the success that Marlin Spring had with the Stockyards District. They likely want to build even more than what's proposed, but it's difficult with the single detached houses to the west of the site.
 
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