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Republic Developments has applied to the City of Toronto for the rezoning of the properties located at 15 Charles Street East and 16 Isabella Street, to permit an increase in height and density on the site which is situated east of Yonge Street in the Church-Yonge Corridor in Downtown Toronto, and is approximately 0.15 hectares in size.
Designed by IBI Group, the proposed development includes a 54-storey residential condominium building, inclusive of a six storey podium, with a total 549 residential condominium units and 146m² of retail space at-grade, for a total Gross Floor Area (GFA) of 35,625m², and a Floor Space Index (FSI) of 23.81. The proposed development would be entirely situated on the 15 Charles Street East parcel of the subject site, while 16 Isabella Street is proposed to redeveloped into an 150m² park.
The surrounding area includes a series of high-rise residential, public, community, and commercial buildings. To the east of the site is George Hislop Park, which is municipally owned, and extends from Charles Street East to Isabella Street. This park would be expanded by the addition of the space from the 16 Isabella Street property. South of the bulk of the site are other properties on Isabella Street which contain two to three-storey commercial buildings. To the west of the site is the municipal alley 'Biscuit Lane' and directly west of it are two to four-storey commercial buildings fronting onto Yonge Street. Across Charles to the north of the site is a six-storey municipal parking garage with at-grade retail uses. The Yonge subway line runs beneath the parking garage and George Hislop Park.
The proposed development is a slender point tower that begins to step back at the 48th floor, continuing until the mechanical penthouse in response to a 75-degree angular plane requirement for tall buildings close to Yonge Street. With subtle curves at the corners, the tower silhouette is reminiscent of lipstick.
The building's proposed unit mix is two studio units (0.4%), 197 one-bedroom units (36%), 193 one-bedroom + den units (35%), 98 two-bedroom units (18%), and 59 three-bedroom units (11%).
The proposed development would have a total of 1,104m² of indoor amenity space, and 280m² of outdoor amenity space distributed throughout the development. Indoor amenity space would be located within the southern portion of levels 3 to 7. The 7th floor indoor amenity space would extend into the 280m² of outdoor amenity space that wraps around the southern and eastern edges of the podium, providing a continuous transition between the two areas.
A total of 65 parking spaces, inclusive of 10 shared visitor and commercial parking spaces, would be provided for the proposed development in a five-level underground garage. The proposed development would also provide 550 resident bicycle parking spaces on the 2nd floor.
The site is located near a variety of higher order transportation and cycling facilities, and is approximately 180 metres south of the Bloor-Yonge intersection and subway station.
More information on the development will come soon, but in the meantime, you can learn more from our Database file for the project, linked below. If you'd like, 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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