The Public GalleryToronto

Toronto City Council · 2026-07-29 · 2026.TE34.31

housing

60-storey mixed-use building at Yonge and Lola, with public laneway closure and parkland dedication

Staff recommends approval of a 15-storey, 274-unit rental building at 2010-2050 Yonge Street with ground-floor commercial space. The project requires permanent closure of a City-owned public laneway that currently serves the site and an adjacent property, plus an off-site parkland contribution. A holding provision ties zoning approval to the laneway closure and land acquisition processes.

not yet heardToronto City Council · Wed, Jul 29

Who did what

From the floor

The one thing that I want to highlight for this application is the number of public realm benefits including the new pops connection between the bidbach connection and young as well as a new midw connection between Davisville Avenue and Milward Road. In addition, I wanted to highlight the fact that the applicant will be contributing to the construction of the new midblock connection as a part of the section 37 benefits and that this is an entirely rental building project.Bowfields, the planner for the applicant

The journey

Wed, Jul 29 · Toronto City Council · not yet heard

Decision

Staff recommendation approved; zoning by-law amendment carries. The holding provision will remain in place pending City Council passage of a by-law to close the public laneway, acquisition of laneway lands by the proponent, and satisfaction of all associated requirements.

On video

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Why is this story here?
ContainedThis is a single-site zoning approval with a clear boundary: one address, one building, one development. The laneway closure and land acquisition are procedural prerequisites managed separately, not a structural change to how the city operates. A future council could potentially reverse the zoning if the project never proceeds or circumstances change, though the laneway closure would require separate action. The decision is genuine and meaningful to this site but does not constrain future councils' broader options.Touches a narrow groupThe building affects daily life indirectly and narrowly: residents of the future 274 units and users of new ground-floor commercial space will feel the effect; pedestrians on Yonge and near the new connections may benefit from improved public realm access. The laneway closure affects the single adjacent property owner at 20 Glebe Road West. No change lands on the broader neighbourhood this week. The public realm improvements are real but not transformative to circulation patterns. Salience is one step removed from the residents who will occupy this site.

Stories are ordered by how much weight a decision carries and how directly it reaches daily life. They rise as a decision date approaches and fall as they age.

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Official title: 2010-2050 Yonge Street and 15 Lola Road - Zoning By-law Amendment Application - Decision Report - Approval · meeting video