The Gupta Group has submitted a revised Site Plan Approval (SPA) application to the City of Toronto on behalf of the property located at 4050 Yonge Street in North York. The developer is looking to build a mixed-use complex consisting of condo, hotel, institutional, office, and retail spaces, within two towers connected by a podium upon land that is currently used as a commuter parking lot at York Mills subway station.

Looking north to the proposed development at 4050 Yonge Street, image from submission to the City

While Gupta bought the property from Build Toronto in January, 2015, already zoned for a 7-storey office building, the company envisioned a larger, multi-use complex, initially 9 storeys tall, before seeking a Zoning By-law Amendment (ZBA) for an earlier version of this much larger plan in February, 2020, simultaneously submitting an SPA application. Through discussions with City staff and Toronto Region and Conservation Authority staff — the West Don River flows alongside the property just to the west— Gupta had their architects at IBI Group alter several aspects of the design to respond to feedback.

While the ZBA application for the site was appealed to the Ontario Land Tribunal, revisions to the application were made on five occasions between December of 2020 and April of 2022. Along the way, in December of 2021, Gupta made an offer to the City in full settlement of the appeal, which was accepted by City Council that month, and recently ratified by the OLT.

Looking northwest towards the development, image from submission to the City

The most recent SPA resubmission details that the overall unit count of the two-towered complex has been adjusted from 539 and 186 units to 526 and 190 units. The total number of parking spaces has also been amended, slightly decreasing from 496 to 492.

Previously proposed at 35 and 21 storeys, the two towers will now rise to heights of 28 and 14 storeys as per the settlement, the taller of which is proposed to be home to both condo and hotel suites, and the shorter of which would house a mix of retail, offices, and residential uses. The building would also feature a direct connection to York Mills subway station.

View of the main entrance from the south, image from submission to the City

As the area already has extensive parkland, the settlement specifies a cash-in-lieu payment instead of providing parkland on the site, which will be allocated to improvements to nearby existing public areas including the paths and trails within the West Don River Valley area next to the site, as well as Stewart A. McGregor Parkette, York Mills Valley Park, and the Don Valley Golf Course.

UrbanToronto will continue to follow updates for this development, 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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Related Companies:

Arcadis, Bousfields, Gupta Group, HGC Engineering Inc, Jablonsky, Ast and Partners, NAK Design Group, RDS