Plans continue to evolve for a proposed condominium complex that would incorporate the heritage Capitol Theatre few blocks north of Eglinton on Yonge in Midtown Toronto. The proposed 14-storey, Turner Fleischer Architects-designed building at 2500 Yonge from developer Madison Group originated as a 21-storey proposal submitted in mid-2018, which was resubmitted with a reduced height and updated design roughly one year later. After collecting feedback from a September 2019 statutory public meeting, the project is back with a "with prejudice" submission to be considered by City Council in mid-December.

Looking northwest to 2500 Yonge Street, image via submission to City of Toronto

Many of the details in the latest revision remain unchanged from the 2018 submission, calling for a 14-storey height and the preservation of the 1918-built Capitol Theatre façade, vestibule and theatre components, along with the 1946-renovated canopy structure that gives the theatre its signature Streamline Moderne look.

As with the 2018 submission, the latest submission seeks a land swap between the City and developer, exchanging a 650 m² portion of the site along the Duplex Avenue frontage for an identical area of land from the adjoining City-owned Toronto Parking Authority surface lot.

Looking east to 2500 Yonge Street, image via submission to City of Toronto

The latest revision calls for a gross floor area (GFA) of 19,053 m², consisting of 1,372 m² of ground-floor retail space, and 17,681 m² of residential above. A reduction from the 172 units proposed in the last submission, the updated plan calls for 150 condominium units in a mix of 40 one-bedroom units, 65 two-bedroom units, and 45 three-bedroom units. Like the previous submission, the latest plan dedicated over two thirds of the unit breakdown to multi-bedroom units, clearly targeting the family demographic.

A cover letter indicates that should City Council not approve the zoning by-law permitting the 14-storey revised proposal during the upcoming December meeting, the development team has the option to pursue the original 21-storey proposal at the Local Planning Appeal Tribunal (LPAT).

Looking west to 2500 Yonge Street, image via submission to City of Toronto

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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