There has been some chatter on our Forum about a development application recently submitted for 50 Bloor Street West. According to the City of Toronto's Planning website, the application was submitted on March 22 for a zoning by-law amendment for an 83-storey mixed-use building resting on an eight-storey commercial/office podium. The tower would include 600 residential units. At 277 meters, this development would be the tallest residential tower in Canada. It would just barely surpass the 78-storey Aura at College Park by 5 meters, the 75-storey Ten York Street Condos by 40 meters, and the nearby One Bloor East by 45 meters. The current occupant of 50 Bloor Street West is Holt Renfrew.
The area the tower is proposed for has a height restriction of 61 meters, according to the City of Toronto Zoning By-Law (which was repealed and is under review). The City has been quite accommodating with regard to amending height restrictions, due to the Official Plan policy of intensification of development in established areas that have the required infrastructure in place (such as rapid transit). The CIBC tower at 2 Bloor Street West lies just ouside this 61-meter zone.