Toronto The Aston Residences | 58.13m | 16s | Montcrest | Richard Wengle

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ferusian

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3180-3182 YONGE ST
Ward 8: Eglinton-Lawrence

Development Applications

Project description:
Zoning By Law Amendment Application to permit the proposal for a 9 to 12 storey mixed used building with a total of 109 proposed residential units on floors two through twelve and proposed ground level commercial space. The proposed gross floor area of the building is 12,554.3 square metres with an FSI of 6.51, of which 11,939.4 square metres is residential.
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Interesting to see something being planned here, Yonge north of Lawrence has been pretty quiet in terms of development until now. Looks like that is quite an assembly, taking up almost the entire block beginning at Woburn Ave at the north end, and going down towards everything except the TD bank building at the corner of Bedford Park Ave.
 
The properties in question, as they appear today:

1604504123802.png


The aerial of said properties:

1604504238808.png

Both photos from Google Sat./Streetview

Floorplate of the site is 17,100ft2
 
ferusian said:
Richard Wengle Architects: 12 storeys (46.10 metres including MPH)

View attachment 281038

Coloured elevation + legend:

View attachment 281039

Northwest aerial perspective:

View attachment 281040

Southeast aerial perspective:

View attachment 281041
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Pseudo-heritage.

Like many here, I was taken w/the proposal at 1140 Yonge.

I'm open to well done pomo.

But at first blush, I'm concerned here.

The balconies clash with the intended style.

The finish is pre-cast; which can often look poor. (though not always)

Wengle has put his name on some properties that look good, but they're almost all modern.

The pseudo-heritage he's done, perhaps because of clients w/bad taste, has shown a propensity for inconsistent style within the same building/facade and questionable material pallet.

I'm dubious here.
 
Couldn't have had a classier building to practically take over the row of old buildings on Yonge Street. Love the art deco style on this building that's a rare thing in this city.
 
Mixed feelings - this building would be an upgrade with regards to aesthetics and density compared to the rather under-used status quo, but I'm also hesitant about losing an entire block on Yonge of independent retail in narrow storefronts even if the buildings themselves have no heritage value.
 
TORONTO, December 3, 2020 - NYX Capital Corp has acquired several Toronto retail properties located at 3180-3202 Yonge St., near the intersection of Yonge St. and Lawrence Ave. for a planned residential development which will include a 9-12 storey midrise residential building with a retail podium at grade and 109 residential condominiums on upper floors. The project will occupy a 0.47-acre site.


Centrally located and well connected, the site is steps away from the Lawrence Subway Station and a 20-minute commute to downtown Toronto. Nestled between two affluent neighborhoods of Lawrence Park and Bedford Park, the site is near prestigious schools, York University’s Glendon College Campus and amenities including banks, shops, and food service options along Yonge St.


Said NYX Capital CEO Yashar Fatehi, “I believe we have developed a great vision for this site which will improve the urban landscape of the area and introduce a much needed residential product that fits the neighbourhood. We look forward to working with our area Councilors and City staff towards realization our vision.”
 
NYX Capital assembles 12 Toronto properties for condo project

Dec. 18, 2020

NYX Capital Corp. has assembled 12 Toronto properties on Yonge Street near Lawrence Avenue which it plans to transform into a mixed-use condominium development.

“We dealt with nine or 10 different property owners,” NYX founder and chief executive officer Yashar Fatehi told RENX. “It was a very time-consuming and labour-intensive process.”

The assembly at 3180 to 3202 Yonge St. took two years to put together and would have encompassed an entire city block had it not been for one holdout: a TD Bank branch at 3174 Yonge St.

NYX’s plans for the site

The 0.47-acre site will feature retail space at grade topped by a mid-rise condo with 109 units. It was proposed to be 12 storeys and to decrease to nine at its north end to minimize the shadow impact on neighbouring properties.

Fatehi, who was previously managing partner with developer and builder Enirox Group, said 85 per cent of the suites will be “family-oriented” and have two bedrooms or more.

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Fatehi lives in the neighbourhood and thought the site would be appropriate for development, as he said Lawrence is one of the less intensified subway stations in Toronto due to the fragmented ownership of local businesses.

“As land becomes scarce in Toronto, developers like us are willing to roll up our sleeves and go through a long process to negotiate with different vendors to put something together.”

The assembled properties are zoned commercial residential, but NYX will need approval to build higher than what’s currently there.

Fatehi doesn’t expect that to be an issue because both the city and province are in favour of increased density near major transit hubs. His goal is for construction to start in three years.
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renx.ca

NYX Capital assembles 12 Toronto properties for condo project

NYX Capital Corp. has assembled 12 Toronto properties on Yonge Street near Lawrence Avenue which it plans to transform into a mixed-use condominium development. “We dealt with nine or 10 different property owners,” NYX founder and chief executive officer Yashar
renx.ca renx.ca
 
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