1-7 Yonge Street- To Permit Application for Minor Variances

In the case of 1-7 Yonge Street, the privately initiated Zoning By-law Amendment (249-2020(LPAT)), provides for the redevelopment of the site with a multi-building, multi-phased mixed-use development containing community, office, hotel, retail and residential uses (including affordable residential units). The Local Planning Appeal Tribunal issued its order enacting the By-law on April 25, 2019. The northerly block of the development contains three new buildings ranging from 65 to 95 storeys in height. Portions of the ground floor and second floor of the most northerly portion of the building podium, fronting Lake Shore Boulevard East, were not addressed through By-law 249-2020(LPAT). In addition, the applicant is seeking to extend south beyond current zoning permission the canopy between its 65 and 95 storey buildings. The landowner would like to apply for variances to address these matters. Under the Planning Act, as amended, this landowner will not be able to file for a minor variance application to the Committee of Adjustment, Toronto and East York District, for zoning relief until after April 25, 2021. This would delay the landowner's desired timeline for site redevelopment. As a result, City Council's authorization for submission of a minor variance application at this time is required. This resolution is not intended to, and does not, relay Council's endorsement of the merits of the minor variance application.