There's an ongoing search to maximize density in Toronto, a city that's already predominantly built-out, so owners have been exploring creative ways to maximize land use on their properties, and a recent answer for some has been to additions atop of existing structures. The latest such proposal comes from Northam Realty Advisors, having submitted an application for rezoning to permit a condominium tower to be built atop a corner of the Bell Trinity Square office complex at 483 Bay Street. Designed by IBI Group, the tower would top out at 70-storeys and 226.63 metres in height, and would contain 590 condominium units.
The new point tower is proposed for the southeast corner of the site, close to the intersection of Albert and James streets, and directly opposite the Eaton Centre. The point tower is positioned so as not to interfere with view corridors related to heritage buildings, including Old City Hall and New City Hall. If the tower was completed today as proposed, it would stand as the 11th tallest building in the city, overtaking Ten York Street.
Similar to other proposals that place new density above an existing office property—like the recently topped off 488 University Avenue—residents would access the tower via a new elevator and stair core located on the Trinity Square facade beyond the existing atrium, connecting with a 15th-floor sky lobby via a bridging structure.
The 590 units are proposed in a mix of 56 studios, 342 one-bedrooms, 118 two-bedrooms, and 74 three-bedrooms. Residents would be served by 1,189 m² of indoor and 1,095 m² of outdoor amenity spaces, as well as 551 parking spaces and 736 bicycle parking spaces. The parking spaces are in addition to those already available to the current office building.
Supporting documentation for the project lacks specific details about the proposed exterior materials or the engineering required to support the additional levels. Therefore, it can be assumed that this may be an up-zoning exercise intended to maximize the site’s market value. Additional details about the project should become available as it advances further into Toronto’s planning process.
Additional information and images can be found in our Database file for the project, linked below. Want to get involved in the discussion? Check out the associated Forum thread, or leave a comment below.
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|Related Companies:||IBI Group, The Planning Partnership|