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Downtown Toronto’s Yonge Street corridor is seeing a swath of skyscrapers, from the 91 storeys of The One to the 105 storeys of Pinnacle One Yonge. Now, a proposal for 372 Yonge Street has been revised, now tall enough to compete as one of the peaks on the skyline. The DIALOG-designed project, a collaborative effort from Yonge & Gerrard Partners Inc, Turbo-Mac Ltd, and Trimed Investments Inc, would stand 85-storeys at the southwest corner of Yonge and Gerrard streets, across the street from Aura.
The journey of 372 Yonge Street began with an initial Zoning By-Law Amendment application in May 2020. This early design introduced a 74-storey structure, stretching up to 255m. Its architecture was characterized by a curved, slender profile with gold metallic finishes.
The revised proposal of October 2023, however, marks a significant evolution in the project's scope and ambition. The mixed-use condominium building's height has seen an extension of 11 storeys to 85, now proposed to soar to 278m. This change aligns the development with the Province's push for ever greater density. Smaller lots like this have seen less height approved, like the 69-storey 8 Elm currently under construction close by, while the 85-storey Concord Sky is rising on a larger lot just to the east. The proposed Chelsea Green at 33 Gerrard Street, just to the west, is another larger lot, its tallest towers planned at 89 and 90 storeys.
The design of 372 Yonge Street has been reimagined to feature a flattened crown and altered tower portion, now adorned with rounded glass corners. The development boasts a diverse mix of 628 residential units, a significant increase from the initial plan of 406 units, in a response to Toronto's burgeoning housing demand. The building is equipped with four elevators, approximately one for every 157 units, indicating long average wait times.
Indoor amenities are strategically located on levels 3 and 4 of the podium and interspersed in a trio of two-floor segments throughout the tower, while outdoor amenities would be found in levels 3, 4, 31, and 62. These spaces have seen a notable increase, with indoor amenities growing from 1,177m² to 2,512m², and outdoor amenities from 568m² to 1,256m². The Gross Floor Area (GFA) has been scaled up from 35,871m² to 42,545m², with the residential GFA experiencing a similar increase. Adjustments have been made to the tower setbacks, and the floor plate has been expanded to accommodate the additional units.
A significant aspect of the 372 Yonge proposal — the original and the resubmission — is the heritage conservation planned for its base. Notable heritage buildings on the assembly are the 1930-built, Art Deco 378 Yonge Street on the southwest corner with Gerrard, along with the facades of the 19th-century Victorians at 372, 374, and 376 Yonge Street.
The development also includes a substantial provision for bicycle parking across four levels of underground garage, with a total of 636 spaces, in response to the City's requirements. Situated within Major Transit Station Areas of multiple subway stations, the proposal includes no motor vehicle parking spaces. It is located a four-minute walk from both College station to the north and Dundas station to the south on Yonge Line 1.
Additionally, the site is an eight-minute walk to Queen station, which will be enhanced as an interchange station with the upcoming Ontario Line 3. This 15.6km transit line, with 15 new stations, will extend from Exhibition Place through downtown to the Ontario Science Centre, improving transit times in the central city.
UrbanToronto will continue to follow progress on this development, but in the meantime, you can learn more about it from our Database file, 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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