While the TBG and the ZBL are both hardly hard limits - the ZBL at least has some root in actual law. And it says 76m. Regardless, given the price here, we are likely looking 200m+.

Also, the TBG have a height limit of 182m as this fronts onto Yonge.
 
I am curious, does anyone know how developers generally go about their assemblage of property in order to have enough land for a feasible development? Meaning, do they get a 'foot in the door' property sometimes so to speak, sort of like how 60 Yonge is the first property purchase for Lanterra in this location? ( 48 Yonge doesn't appear to be owned by them - yet.)
 
Perhaps, but would the allowed density bring in enough return compared to the current use? It is a 12 storey office building after all. The building next door - Victoria Hotel - sold for around 20 mill earlier this year also to an investment company from BC - BCIMC. 56 Yonge, south of that, hasn't sold recently I don't believe.
 
Urban-Affair said:
Perhaps, but would the allowed density bring in enough return compared to the current use? It is a 12 storey office building after all. The building next door - Victoria Hotel - sold for around 20 mill earlier this year also to an investment company from BC - BCIMC. 56 Yonge, south of that, hasn't sold recently I don't
believe.
Click to expand...

Hmm? can this thread have anything to do with the proposal @ 25 King W..https://urbantoronto.ca/forum/threads/25-king-st-w-64s.28164/


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No, 60 Yonge is still Lanterra. 56 Yonge, or Hotel Victoria, has become part of the Commerce Court 3 proposal. That thread is linked here.

42
 
Fire up the backhoe..... LOL..... time to excavate/un-bury this thread.

Nothing like doing this early on a Sunday morning, before brunch, when most UT'ers are still napping.

Before I get into it....

We need to credit to a UT poster in another thread.............a very long time ago......

He wasn't fully right........but did see something...

thecharioteer said:
Why not? It’s questionable how Lanterra can even develop 60 Yonge and comply with the Tall Building Guidelines setbacks to the west and south. Why not do a tower on the site of 60 Yonge and Hotel Victoria and the north half of CC east, not going further west than the current building. Leave the south half as is as well as CC south. Maintains the integrity of Pei’s design both architecturally and urbanistically.
Click to expand...

Well.................

Height: 65 storeys - residential

Architect: AS+GG

@Paclo

@3Dementia will want in on this.

If @UrbanAffair pops in before the mods, he can make the requisite changes to the title.

The App:

www.toronto.ca

Application Details

www.toronto.ca www.toronto.ca

Renders:

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There are actually more.........but UT's server would explode, besides, I need room for other stuff. Paclo and 3D will wish to make note the underlying renders are very large, those above range from 40-90% of the original size.

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@HousingNowTO will wish to make note that the proposal is currently silent on tenure and does not commit to affordable housing in exchange for waiving office replacement, instead suggesting that the proponent would be open to such as a community benefit.

Paclo and @interchange42 will want to note that this proposal consolidates zoning with Hotel Victoria for which UT has a thread. The owners there 'Quadreal' are named here, along with the Lanterra subsidiary. But as per the description the actual building here remains Lanterra.

This is listed as a sale of air rights by Quadreal. The hotel remains.

6 elevators to 649 units. is 1 elevator per 108 units.
 
That looks promising.... I like the render depicting it from above, with that rounded portal on the rooftop. Some sleek lines, although I'm not completely sold on how it all fits together.... still, it's bold. That corner glass treatment on the podium is pretty slick.
 
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