Four months after proposing an imaginative cloud-inspired tower on Toronto's Elm Street, Fora Developments is making more moves to bolster the city’s residential offerings.
The real estate development company filed an application with the City on Thursday, requesting a zoning amendment for 2634-2654 Eglinton Avenue West, and 1856 and 1856A Keele Street, to make way for a soaring new development.
Approval of the application would permit a 33-storey mixed-use building -- 106.1 metres in height -- for the site in question. The proposed development would include 324 sq. m of retail space and a 2,205-sq.-m residential component for a total gross floor area of 22,529 sq. m. The residential breakdown would be 179 one-bedroom units, 154 two-bedrooms, and 37 three-bedrooms for a total of 370 units.
Renderings of the proposed development, prepared by Toronto architecture and urban design firm gh3*, depict a tower element with a sawtooth pattern leading to enclosed balconies, all sat atop a six-storey podium.
gh3*
gh3*
In addition, Fora’s proposed development would include three levels of underground parking, containing a total of 63 vehicle parking spaces (53 for building residents, eight for visitors, and two to serve the retail component), and a total of 434 bicycle spaces (including 348 long-term spaces and 86 short-term spaces).
The site is located in the Beechborough-Greenbrook neighbourhood of Toronto, and currently contains a one-storey commercial building occupied by a Dollar Tree, and a two-storey mixed-use building occupied by five retail tenants.
As stated in the planning rationale, prepared in support of the application, “the proposal will contribute to the achievement of numerous policy directions supporting intensification and infill on underutilized sites within the built-up urban area, particularly in locations that are well served by municipal infrastructure, including public transit.”
The site is currently served by existing surface bus transit and will surely benefit in future from the forthcoming Eglinton Crosstown LRT and Caledonia GO station on the Barrie line.
