215 Lake Shore Boulevard East - Application To Remove The Holding Symbol From Zoning By-law 674-2019 - Local Planning Appeal Tribunal - Final Report

The current proposal includes approximately 85,000 square metres of gross floor area with 1,174 residential units. The subject site (FedEx North) is located at 215 Lake Shore Boulevard East, and is part of a larger block of land, which includes properties at 178-180 Queens Quay East (FedEx South), and 162 Queens Quay East. The FedEx North property is owned by Greenland Lakeside Development Company Ltd (Greenland). The zoning by-law amendment application was filed by Greenland to remove the holding symbol (H) from Phase 1 of the development as identified on Schedule '1' of Attachment 1 of this report. A related Draft Plan of Subdivision application was also submitted to create a new public road, two development blocks, and land dedications to be conveyed to the City for the reconfiguration of Lower Sherbourne Street. The holding symbol (H) was placed on the lands as part of conditions of approval as set out in Ontario Municipal Board Minutes of Settlement, June 23, 2016, (OMB Case No.: PL101091; OMB File No.: PL030412, PL030514, PL060106, PL101091). Removal of the holding provision requires submission of supporting materials including a Housing Issues Report describing how affordable rental housing requirements will be met, and a Noise and Odour Study to demonstrate that appropriate mitigation measures will be implemented. Greenland has satisfied all matters and conditions for removing the Holding Symbol from the Zoning By-law for lands within the first phase of the Plan of Subdivision. This report recommends approval of the proposed Zoning By-law Amendment, which removes the 'H' as shown as Attachments No. 1 to the report (May 3, 2019) from the Chief Planner and Executive Director, City Planning and that no further public notice be required pursuant to Sections 34 of the Planning Act. All other conditions required for the adoption of the Bills by Council have been satisfied by the applicant. City Council may then proceed to enact the Bills as attached.