3130 Danforth Avenue - Zoning By-law Amendment Application - Decision Report - Approval

Lands known municipally as 3150 Danforth Avenue do not form part of the subject site and is not subject to staff's recommendations. This report recommends approval of the application to amend Zoning By-law 569-2013 for the site municipally known as 3130 Danforth Avenue, to permit the development of a 33-storey mixed use building. The proposal is comprised of a tower with a five storey podium, with limited surface parking and a two underground levels for vehicle and bicycle parking. The existing low rise commercial building would be demolished. The Zoning By-law Amendment application is consistent with the Provincial Planning Statement (2024) and conforms to the City's Official Plan, including Site and Area Specific Policy 622 and Site and Area Specific Policy 120. This proposal allows for the intensification of the subject site, with a mix of residential and retail uses, that is appropriate for its location within a Protected Major Transit Station.

is accessible to the area where the subject site is located; b. is a good physical substitute for any on-site parkland dedication; c. is free and clear, above and below grade, of all easements, encumbrances, and encroachments; d. is in an acceptable environmental condition; and e. the value of the off-site dedication shall not exceed the estimated value of the on-site dedication that would otherwise be required, which value may include the cost of acquiring the land, land transfer tax, typical closing cost and reasonable real estate commissions of up to 5 percent; all to the satisfaction of the Executive Director, Development Review. 3. Should the Executive Director, Development Review, and the Owner agree to a property as a substitution for an on-site dedication, City Council accept the off-site parkland dedication, in full or partial fulfilment of the parkland dedication requirements, pursuant to Section 42 of the Planning Act, with conveyance to the City to occur prior to the issuance of the first above grade building permit in accordance with the following: a. in the event the value of the off-site parkland dedication is less than the value of an on-site parkland dedication, the Owner shall provide a cash-in-lieu payment for the shortfall in parkland dedication in accordance with Chapter 415 Article III of the Municipal Code; and b. in the event the Owner is unable to provide a substituted off-site parkland dedication to the City, the Owner will be required to satisfy the parkland dedication requirement through a cash-in-lieu of parkland payment prior to the issuance of first above grade building permit in accordance with Chapter 415 Article III of the Municipal Code; all to the satisfaction of the Executive Director, Development Review, and the City Solicitor. 4. City Council request the Executive Director, Development Review, in consultation with the Ward Councillor and other relevant staff, to work with the Owner to explore the feasibility of an in-kind community benefit package pursuant to Section 37(6) of the Planning Act, that may include the provision of affordable housing, and to report back to City Council for further instruction on any offer of in-kind community benefits made by the Owner. 5. City Council authorize the City Solicitor to make such stylistic and technical changes to the draft Zoning By-law Amendment as may be required.