An Official Plan amendment, rezoning, and subdivision approval is being sought from the City of Toronto for the redevelopment of a vacant brownfield site at 411 Victoria Park Avenue in Scarborough. CreateTO, the City of Toronto’s real estate arm, is partnering with private real estate developer Diamond Kilmer on bringing a condominium and affordable housing development to the 19.32-acre site just north of Gerrard Street East. The partnership and proposal are the result of CreateTO's 2017 issuing of a public request for proposals from investors to redevelop the disused 'Runnymede Quarry Lands'.
The TACT Architecture-designed community would consist of two 10-storey residential buildings, another of 8 storeys, and five groups of three-storey stacked and back-to-back townhomes. A community plan places the buildings across two blocks plus a park component, with a western block to include a pair of market condominium mid-rises and two blocks of back-to-back towns, and an eastern block to contain an eight-storey affordable rental building, and three blocks of stacked towns.
The proposed development would total 59,919 m² of gross floor area, almost entirely dedicated to residential space, with a 464 m² retail component at grade being the only deviation from residential uses. The project proposes 789 units planned in a mix of 344 one-bedrooms, 347 two-bedrooms, and 107 three-bedrooms, in line with the City's push for more family-sized units. 654 of these homes would be sold as market units and 144 would be designated affordable units, including 48 affordable home ownership townhome units and 96 affordable rental units within a dedicated mid-rise.
The proposal also seeks to bring a new public park south of the eastern block, with frontages on Gerrard Street East and an unnamed public street that would be conveyed to the City to provide access to the interior of the community. The significant park space of 8.6 acres/3.48 ha, would consist of both public as well as privately-owned public spaces, giving residents at the east end of the site easy access to Gerrard via the park.
You can learn more from our Database file for the project, linked below. If you'd like to, you can join in on the conversation in the associated Project Forum thread, or leave a comment in the space provided on this page.
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|Related Companies:||Diamond Kilmer Developments, Menard Canada Inc.|