5415-5481, 5485 and 5487 Dundas Street West and 15 and 25 Shorncliffe Road - Application to Lift the Holding Provision - Decision Report - Approval

The proposed development includes mixed-use and residential towers that range from 26 to 44-storeys in height and comprises a total of 2,875 residential units, over 15,000 square metres of non-residential gross floor area, and a 4,144 square metre public park. The holding provision in site-specific By-law 206-2022 requires, prior to lifting the holding symbol, that a Functional Servicing Report has been submitted and accepted, a financially secured agreement has been entered into with the City for the construction of required improvements to the sanitary sewer system on Shorncliffe Road between North Queen Street to Dundas Street West, and the applicant has obtained all necessary approvals to proceed with the infrastructure required, all to the satisfaction of the Chief Engineer and Executive Director of Engineering and Construction Services. The Functional Servicing Report has been accepted and the improvements to the sanitary sewer on Shorncliffe Road has been secured to the satisfaction of Engineering and Construction Services. Accordingly, the proposal to lift the holding symbol is consistent with the Provincial Policy Statement (2020) and conforms with A Place to Grow: Growth Plan for the Greater Golden Horseshoe (2020) and the City's Official Plan. This report reviews and recommends approval of the application to amend site-specific Zoning By-law 206-2022 to lift the holding symbol.