Foreclosure

Toronto-based Minto Communities is partnering with SickKids to deliver a "sculpted and articulated" 56-storey, 579-unit mixed-use tower that would house new clinic space for the SickKids Centre for Community Mental Health currently located on site.

Plans were filed in early July and encompass an Official Plan and Zoning Bylaw Amendment application to permit the intensification of the under-utilized site and retention of the existing SickKids facility. Successful approvals would see the site designated within both Apartment Neighbourhoods and Institutional Areas in the City’s Official Plan and to permit the increased height and density being proposed.

A comprehensive mixed-use development containing a daycare, new public park, 9,870 sq. ft of retail space, and 915 rental apartment units has been proposed for a commercial plaza in East York's O'Connor-Parkview neighbourhood. The complex would contain four separate buildings with heights of 14, 15, 21, and 29 storeys.

Plans were filed in early July on behalf of 1000920447 Ontario Inc. and support a number of applications pertaining to the development, including a Draft Plan of Subdivision that reimagines the site with a new public street and two surrounding development blocks, including a park block, and Official Plan and Zoning Bylaw Amendment applications to allow for intensified height and density, among other changes.

Another session of Toronto City Council begins on Wednesday and the extensive agenda includes a laundry list of potential housing developments, most of which are recommended by city staff and community councils for ultimate approval.

But not all. In fact, there are three prospective developments on the agenda this month that have been flagged for “refusal,” and City Council’s decision will be the nail in the coffin for those — for now. The next step for those developers, in the event of Council’s refusal, will be to appeal their projects at the Ontario Land Tribunal.

Situated at the intersection of Carlton and Yonge streets in downtown Toronto since 1959, the Carlton Tower boasts coveted ‘location, location, location.’ And that in it of itself has made the 18-storey, tower-on-podium office and retail building prime for redevelopment.

As such, Northam Reality Advisors — the current owner of the property at 2 Carlton Street — has been angling for the redevelopment of the site since October 2016, which is when the company first filed plans with the City to construct a 73-storey building with around 801,219 sq. ft of total gross floor area (GFA), and 1,046 residential units.