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http://www.insidetoronto.com/news/l...s-to-be-demolished-near-markham-and-ellesmere
Six-storey apartments to be demolished near Markham and Ellesmere
Developer to build new units for tenants, condos in area
MIKE ADLER|Oct 10, 2011 - 1:30 PM
Six-storey apartments to be demolished near Markham and Ellesmere
Developer to build new units for tenants, condos in area
MIKE ADLER|Oct 10, 2011 - 1:30 PM
The effort to bring fresh life to the area around Markham and Ellesmere roads saw significant progress this week when Scarborough councillors agreed to demolish a pair of six-storey apartment buildings.
In return for building replacement apartments for all the tenants at Meadowglen Place in a 16-storey building and creating a new local park, a developer was given approval to construct three condominium buildings of up to 24 storeys with 640 units, 32 stacked townhouses and some ground-floor retail.
An application for the property in 2008, and another to build condo towers at 1221 Markham, helped spur Scarborough Centre Councillor Glenn De Baeremaeker to launch a revitalization plan for the area, one that would ultimately improve local streetscapes and community safety by guiding development.
The developer will pay $800,000 in return for added density, part of which will create a new park on Brimorton with $300,000 of playground equipment and a splash pad. Another $75,000 will go to the TTC for transit signal priority at three nearby intersections.