For the retail- it would be ideal to have a bank take up most of the units. The building needs AAA tenants and not 'small' shops.
A Starbucks and a major bank would be amazing. There is only a CIBC on that stretch of Cliffside, so hopefully competition will move in!
There is also a Scotiabank beside the No Frills at Midland and Kingston.
So I emailed the City Planning office to get an update on what is going on, here is the response I got
"The applicant is still in the planning approvals stage and has not moved on to the building and construction stage (in other words the stage when they can pull building permits for the development).
The applicant has to go to Community Council to lift the holding provision 'h' by clearing the condition imposed by Council (2009) related to the design financing and construction of a road which is now an enshrined requirement in by law http://www.toronto.ca/legdocs/bylaws/2009/law1224.pdf
A report to Council is required to lift the 'h' once it is appropriate.
(The applicant is currently working hard with staff to get this done)
Once Community Council has made a decision to lift the 'h' but before enactment of the amending by-law to lift the 'h' the applicant based on their proposal, must;
make application to the Committee of Adjustment for the variances they are seeking to the underlying zoning standards.
finalize and execute a Section 37 agreement
The zoning by-law will be put before City Council for enactment once all recommendations in the report have been satisfied.
Should their committee of adjustment minor variance application be approved then Planning can issue the site plan approval (NOAC) which will allow the developer to begin construction, namely receive foundations permits
As it relates to timing hopefully they can get through all of these stages by the mid July.
If you have any further questions please feel free to give me a call or shoot me an email reply.
Jeffery C. Sinclair
Community Planning, Scarborough District
(P) (416) 396-7685
(F) (416) 396-4265"
Looks like no construction until the summer at the earliest. That will probably push back their anticipated Fall 2016 occupancy.