Housing Now - 770 Don Mills Road - City Initiated Zoning By-Law Amendment and Draft Plan of Subdivision - Final Report

An associated Housing Now site to the east of this site at 805 Don Mills Road is subject of a separate report also being considered at the May 31, 2022 Planning and Housing Committee meeting. The recommended Zoning By-law Amendment implements and conforms to the Don Mills Crossing Secondary Plan (Official Plan Amendment 404), which sets the foundation and guiding principles for implementation of the development vision for these lands, including the provision of new affordable housing, community facilities and parkland. The proposed development concept is for two buildings including three towers up to 48-storeys with approximately 1,254 residential units, of which a minimum of 33 percent (418 units) will be provided as new affordable rental through the Housing Now Initiative. The net development density on the site is a floor space index of 6.9. The site's redevelopment supports the continued transformation of the area into a transit-oriented community with densities which support the transit investment (Eglinton Crosstown, Ontario Line) and a wide range of residential and non-residential uses in the area. The proposed development concept will include two new public streets, supporting a range of mobility choices, a new non-profit child care, a new Toronto District School Board elementary school, new parkland, conservation of the Don Valley Ravine edge, new publicly accessible open space, and expansion and improvement of the public realm. The recommended Zoning By-law Amendment and Draft Plan of Subdivision are consistent with the Provincial Policy Statement (2020), conform with the Growth Plan for the Greater Golden Horseshoe (2020), and the City's Official Plan including the Don Mills Crossing Secondary Plan.

In accordance with the delegated authority under By-law 229-2000, as amended, City Council be advised that the Chief Planner and Executive Director, City Planning intends to approve the Draft Plan of Subdivision for the lands at 770 Don Mills Road as generally illustrated on Attachment 5 subject to: a. The condition that a Lease Agreement has been entered into between the City and the development partner that includes, to the satisfaction of the Chief Planner and Executive Director, City Planning, standard subdivision obligations as applicable and with necessary modifications for implementation of the proposed plan as well as site specific subdivision requirements generally outlined in Attachment 6 on such terms including details and timing, as are set out in the Lease Agreement, and; b. Revisions to the proposed Draft Plan of Subdivision and additional or modified site subdivision requirements for inclusion in the Lease Agreement with the development partner as the Chief Planner and Executive Director, City Planning, may deem appropriate to address matters arising from the ongoing technical review of this development. 4. City Council request the Chief Executive Officer, CreateTO, in consultation with the Chief Planner and Executive Director, City Planning and the City Solicitor, to engage City partners and the development partner to advance the detailed design of development requirements identified in Attachment 7 to the satisfaction of the Chief Planner and Executive Director, City Planning and City Solicitor, and to secure the delivery of the development requirements on terms, including details and timing, in a Lease Agreement with the development partner. 5. City Council endorse the 770 Don Mills Design Brief and Context Plan (April 2022) and direct that future planning applications for 770 Don Mills Road, including an application for Site Plan Control, be reviewed in the context of the 770 Don Mills Road Design Brief and Context Plan, provided as Attachment 8 to this report. 6. City Council authorize, as a component of the Registration of the M-Plan, a Transfer of Operational Management from Corporate Real Estate Management to Parks, Forestry and Recreation for those lands comprising Parkland, having a minimum size of 1,065 square metres, to the satisfaction of the General Manager, Parks, Forestry and Recreation. 7. City Council authorize the General Manager, Parks, Forestry and Recreation, to sign on behalf of the City, the City's standard form agreements, including insurance, release and indemnity in favor of the City with the development partner for tieback installations and crane swings, for the future park located at 770 Don Mills Road, on terms and conditions satisfactory to the General Manager, Parks, Forestry and Recreation, including the payment of compensation to the City, in an amount as determined by the Executive Director, Corporate Real Estate Management. 8. City Council approve the development charge credit against the Parks and Recreation component of the Development Charges for the design and construction by the development partner of Above Base Park Improvements to the satisfaction of the General Manager, Parks, Forestry and Recreation. The development charge credit shall be the amount that is lesser of the cost to the applicant of designing and constructing the Above Base Park improvements, as approved by the General Manager, Parks, Forestry and Recreation, and the Parks and Recreation component of the development charges payable for the development in accordance with the City's Development Charges By-law, as may be amended from time to time. 9. City Council authorize the installation of traffic control signals at the intersection of Eglinton Avenue East and new public street 'A', identified as Block 4 on the Draft Plan of Subdivision as shown on Attachment 5.