Toronto 475 Yonge Street | 255.76m | 78s | KingSett Capital | BDP Quadrangle

[Midtown Urbanist]

My two cents is that it is only a thread bump if nothing new was added to the thread. Example of this is whenever the Mirvish Gehry Towers thread is bumped with someone asking for an update for the umpteenth time.

I am of the opinion that a rendering model of the building in the thread title adds to the thread. We are being given a visualization of how the massing fits with the surrounding context.

 

[stjames2queenwest]

Agreed. It’s like someone posting a photo of the current site.

 

[ferusian]

New ZBA application submitted:

Development Applications

Updated project description:

Official Plan and Zoning By-law Amendment to facilitate the redevelopment of the site for a 75-storey tower located at the northwestern corner of the Site, and a 78-storey tower located at the southwestern corner of the Site. The proposed non-residential gross floor area is 1182 square metres, and the proposed residential gross floor area is 117,199.7 square metres. A total of 1611 residential dwelling units are proposed.

 

[Northern Light]

New ZBA application submitted:

Development Applications

Updated project description:

So let's do a quick side by side!

(last proposal vs current)

2 towers at 48/58; now 2 towers at 75 and 78

Unit count then 985+97 (hotel) for 1082 units Unit Count now 1611 units

Res. GFA then 83672m2, Res; GFA now 117,199m2

The description doesn't give certainty as to whether hotel component has been dropped.........but assuming it has.........

Net increase of 529 Units (including hotel rooms); or 626 Condominium units.

Net increase of ~34000m2 in Residential GFA

 

[bmiller]

What are the odds this gets approved for 75 & 78. Ask for this height, settle for 60 & 65, applicant is happy for the height increase, and the city is happy to get the reduction in height. Not an unusual scenario over the years.

 

[RonThom]

So let's do a quick side by side!

(last proposal vs current)

2 towers at 48/58; now 2 towers at 75 and 78

Unit count then 985+97 (hotel) for 1082 units Unit Count now 1611 units

Res. GFA then 83672m2, Res; GFA now 117,199m2

The description doesn't give certainty as to whether hotel component has been dropped.........but assuming it has.........

Net increase of 529 Units (including hotel rooms); or 626 Condominium units.

Net increase of ~34000m2 in Residential GFA

Great. Build it.

 

[RubbishusMaximus]

Kingsett will make a fantastic profit when they flip this site zoned for 70 storeys.

 

[cd concept]

You think they'll change the design etc with the new height they're looking for?

 

[Koops65]

Here is a render of 2 generic towers, 260 and 250 metres, on the site, tucked in behind and to the right of 2 Carlton (251 metres):

 

[UtakataNoAnnex]

Goodnes, those will dwarf the YC...not that's a bad thing mind you.

 

[cd concept]

The three towers approximately at the same height look too cluttered together as seen in the photo up above . The middle tower should be cut down a third and added to the other tower creating a supertall. Adding some hieght dynamics to the skyline in my opinion .

 

[ushahid]

i hope the design evolves too. something nice.

 

[innsertnamehere]

Kingsett will make a fantastic profit when they flip this site zoned for 70 storeys.

Kingsett has actually started building a lot more stuff now. Not saying that's what is happening here, but it might be.

 

[ProjectEnd]

In 2017 Kingsett wasn't going to part with this for less than $225/buildable - a price most thought they'd never achieve. Funny, because today, four years later, and with the downtown market around $300/buildable, it seems prescient not to have sold then.

 

[ADRM]

Kingsett has actually started building a lot more stuff now. Not saying that's what is happening here, but it might be.

They've also hired up a bit to complement that shift.