Those "artists conceptions" are total junk, and utterly useless.
Download the
architectural drawings for the first floor from their site and had a look at them.
It's *very* clear that the whole purpose of what they are doing is to take the current open public space, enclose it, and create a three-level "ultra-store" that they can rent to someone. 12,000 square feet on the ground level, 10,000 square feet on the 2nd level, and 9,000 square feet on the third level.
This will NOT be some grand entrance to the mall or public indoor space with shops around the edges. The entrance to the rest of the mall is via a long indoor rectangular space in between this thing and the existing tower at 20 Eglinton. They'll cut the Grand and Toy in half in order to provide a new entrance to 2300 Yonge (also the building I work in. I also live at Y&E - renting, 30th floor looking North, 4 - 4x7 windows all in a row, and I love it
).
That much singular retail space in a single unit on the corner of this intersection would be worth a FORTUNE. All three floors connected by escalators combined would be almost as big as the Dominion PLUS both floors of the Indigo.
I *love* the open outdoor space that they're proposing to enclose. I think that the owners are purposely leaving it bare to punish the city for not letting them do what they want with "their land". (Notice that a year ago, all of the outdoor seating was ripped out. Nothing to sit on now but the huge planters and bases of the sculptures).
I might let them do something there, but they'd have to pull back from Yonge another 10-20 feet and leave a proper public space. They could do that if they got rid of the mall walkway (in green in the drawings) and forced whomever was to get the retail space to integrate/allow a mall entrace through their first floor.
I do agree the wind on the corner isn't so great, but a) Y&E is on the top of a hill, the wind is not going away, and b) if the city will *ever* get things going on the TTC redevelopment across the street, maybe there'll be something to mitigate the wind a tad. It's a pathetic comment on the city's bureocracy that it's been sitting vacant for how long now? with no start on development in the middle of the hottest development boom in ages.
I sure hope they're not putting too many restrictions on that site. It is another location that nimbyism and anti-height paranoia has NO PLACE.
You know what *is* awesome about the Y&E corner? Being able to see the sky and have sun on your face, and the open space right at the corner there. I'd hate to have it totally hemmed in by tall buildings. It's important for the open space to be part of where you're going. The open space at Dundas square ... is pretty plain, empty, and unused. Where do you need to go that crosses Dundas square?
PS: I *love* the Minto towers, and I'm not a nimby, especially for "Subway Nodes" like this. But a super dense maze of ultra tall buildings is *not* pretty to live inside of, it's only pretty from a far distance. You don't build a neighborhood to look at it from a distance. You can't see the beautiful Minto towers from 4 blocks away if there's 4 blocks of other towers in the way.
So, my initial gut reaction to the idea of yet another tall tower on the NE corner of Y&E, or a whole row of 50 story buildings walling in Yonge (as some of you dream of), is negative. I agree there are *tons* of sites at Y&E perfect for development. How about we simply start with all the existing parking lots!