Ruby Condominiums (NYCC, Conservatory, 23s, E I Richmond?) | Page 2

Discussion in 'Buildings' started by Solaris, Feb 4, 2010.

  1. sunnyraytoronto

    sunnyraytoronto Senior Member

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    A summary of the drastic Site Plan changes YolandaFlanders/ConservatoryGroup caused for the site directly east (5840-5870 (5888) Yonge) can be found here,....
    http://urbantoronto.ca/forum/thread...9s-plaza-quadrangle.25011/page-2#post-1276990

    New 5840-5870 (5888) Yonge Site Plan as posted by PMT:
    SitePlan_2017-11-18_9-6-39.
    Note: this YolandaFlanders/ConservatoryGroup Ruby site now gets a new very nice 100m long direct connection to Yonge Street due to:
    - "Potential Easement For Pedestrian Link" running along entire south end of that 5840-5870 (5888) Yonge property
    - "Potential Parkland Dedication" on Yonge Street
    - "Potential POP" (PrivatelyOwnedPublicSpace) beside "Potential Easement For Pedestrian Link" running the remaining southern length not taken by "Potential Parkland Dedication"
    These new feature are clearly mainly for the benefit of this ConservatoryGroup Ruby site,.... and all these features will be paid for by that other developer (PlazaCorp)!!!

    This clearly shows how YolandaFlanders/ConservatoryGroup has everyone (other nearby developers, CityPlanning, local Councillor) by the balls,... since City needs this Ruby development to proceed in order to get the required land conveyed from YolandaFlanders/ConservatoryGroup for the Beecroft Road extension north of Finch to Drewry/Cummer
    http://urbantoronto.ca/forum/thread...ervatory-23s-e-i-richmond.11339/#post-1267682
    http://urbantoronto.ca/forum/thread...s-kirkor-architects.15020/page-4#post-1255317

    Also note, that PlazaCorp site plan,... their original 29-storey condo tower along northern end that originally ran east-west (matching the neighbouring east-west running apartment towers directly north) now gets turn around further away from Yonge Street towards the west side of lot and now runs north-south,... their new 32-storey now adjacent to this site,... which act as a magnet for more height and density here on this site,.... so the previous 29-storey and 11-storey Ruby OMB approval which YolandaFlanders/ConservatoryGroup have been stalling on,... will likely get resubmitted as a twin 32-storey tower with 8-storey podium,... or one very long 32-storey tower with 8-storey base,.... with more height, density and units,.... since YolandaFlanders/ConservatoryGroup has everyone (including CityPlanning & local Councillor) by the balls!
     
    Last edited: Nov 19, 2017
    #16

  2. sunnyraytoronto

    sunnyraytoronto Senior Member

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    OMB settlement from early 2014 allowed ConservatoryGroup Ruby 11-storey north tower, 29-storey (within 87m) south tower all on 5-storey base/podium
    IMG_7797a.

    In mid-2014, YolandaFlanders/ConservatoryGroup presented another option which was approved via CommunityConsultation meetings,.... same 11-storey north tower, but increased 32-storey (within 100m) south tower all on 5-storey base with 2-storey podium in exchange for more parkland conveyed to community on otherside of Beecroft extension,..... which the Community and local Councillor supported,...
    IMG_7802.JPG

    The problem is YolandaFlanders/ConservatoryGroup never submitted their revised rezoning application,.... in other words, even though it's the Developer's preferred option that they presented to the Community and was accepted by the Community,.... the developer never submitted it! Thus, this development application is stalled,... like ConservatoryGroup's other NorthYorkCentre project PearlPlace,.... they're just OMB-ing landscaping issues.
     
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  3. Edward Skira

    Edward Skira http://skyrisecities.com Staff Member

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    Why doesn't the city just expropriate the land for the Beecroft extension and be done with it?
     
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  4. sunnyraytoronto

    sunnyraytoronto Senior Member

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    Expropriation is rare, expensive and only used as last resort. City generally pays 15% premium over market value on buy/expropriation; but financially, City would much rather have land conveyed (given) to them by Developer via a development deal for more density & height,... and then City also gets higher yearly property tax revenue!

    Here, City reached settlement under developer's term only to have developer back out,.. this YolandaFlanders/ConservatoryGroup Ruby development proposal was submitted to the City in 2008 but still stuck in negotiation stage,... most condo proposal submitted in 2008 were completed and ready for occupancy 3-4 years ago. YolandaFlanders/ConservatoryGroup has leverage here and will drag it out for decades like with their PearlPlace that's been a empty wasteland on Yonge Street for the last 25+ years.

    Interestingly,... City does benefits from stalling Beecroft north extension, since North York Centre Secondary Plan area is currently 70% redeveloped,... most of remaining 30% is on less desirable land in between subway station, where City just starting to get development proposal like Diamante's 5350 & 5300 Yonge near Churchill/Church Ave,... thus, the more the Beecroft north extension stalls, the more development fills up within North York Centre Secondary Plan area,... and the more long term tax revenue for City. City also benefit from stalling Yonge Street North Secondary Plan since no one from City really want Yonge Subway north extension anyways,....


    BTW, for Beecroft north extension, City still negotiating with Province for easement through FinchHydroCorridor,... tougher than before with new Provincial regulations,... which basically makes it impossible to even get sport fields on FinchHydroCorridor now.

    BTW, City has most of the required properties along Greenview Ave for Beecroft north extension,... but a couple of the properties required just north of Finch is owned by Oulahen, the same local MonopolyPlayer/Investor who acquired all the properties along west side of Bonnington Place required for Doris south extension (tried to force City to pay his price), managed to stall Doris south extension since the early 1990's, City refused to deal, so force City's hand with fake 55 Sheppard East development proposal and when negotiations failed had land expropriated by City (in 2014 but got cheque in 2016 - with 2014 prices!), he took City to court,... now about to be demolished.
    http://urbantoronto.ca/forum/threads/toronto-55-sheppard-east-dead-45m-14s.19463/page-3#post-1168593

    So even if City expropriate here for Beecroft north extension, it won't necessarily be a faster process. Expropriation is only a last resort for the City,... primary focus is to get the land conveyed (given) to City in development deal.

    And because this development application is an active file, City needs to deal with this developer for the land,.... otherwise these properties would be on a "conveyance-list" for other developers to privately acquire to convey to City as part of their development deals,.... actually, those Greenview Ave properties might be on "conveyance-list" for Newtonbrook Plaza redevelopment or 5840-5870 (5888) Yonge.
     
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  5. interchange42

    interchange42 Administrator Staff Member

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    They're currently fishing for registrations for this one on their new website. Only those with right-hand-drive sports cars and trophy chauffeurs need apply.

    Meanwhile here's the link for the dead OMB case , just for reference' sake.

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  6. maestro

    maestro Senior Member

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    New website? Still looks 10 years out of date. Really? Mississauga? That's a way to sell condos.
     
    #21
  7. interchange42

    interchange42 Administrator Staff Member

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    @maestro, who has time to differentiate between North York and Mississauga anymore? It's all just NoBlo, right? They should just put NoBlo…

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    (What's even more bizarre about their new website is that they've never taken their old one down entirely, or linked it to the new one, or at least put in an auto-redirect. See what you think of http://www.conservatorygroup.com - now that's attention to detail!!)

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