Still lookin good though

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In total, they have given up 55 floors. - the equivalent of one large building.

In all due respect though, Pinnacle has given up total of 55 floors (that they never had rights for ... as it appeared to be a 'shoot for the sky' type proposal)
 
It'd be nice to see real shadow studies of the massing, with correct azimuth and zenith for a given day and time. Or at least at the spring/fall equinox through 9am 12noon and 3pm.

The graphic of the shadows on the "site" plan back a few dozen posts is fiction.

Has anyone seen such a study?
 
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If you click the link that waterloo warrior posted - theres a section at the bottom that says "supporting documentation".

There's a sun/shadow study in there.
 
In all due respect though, Pinnacle has given up total of 55 floors (that they never had rights for ... as it appeared to be a 'shoot for the sky' type proposal)

Depends on your perspective.

They own the land so they have the "right " to build on it. Whats not clear is how much they will be allowed to build - which is a negotiated amount as I understand it - the rules are quite convoluted and murky - each project is awarded a certain density depending on a variety of things such as the phase of the moon. So since the end result is a negotiated amount, so far Pinnacle has given up 55 floors, I'd like to know what has the city counter offered - or does the applicant simply keep trying until the city says OK?
 
I doubt that Pinnacle would characterize their revised submission as a loss of their "right" to build 55 more storeys, which is not a definitive unit of measurement in any case. What Pinnacle are the City are discussing is the total Gross Floor Area, and the heights of individual component buildings in metres. It's all about density and shadows and wind and the like. So, the numbers that are in play are a GFA of 594,112 square metres from the original application, and 487,455 square metres in the new one. That's a development 82% as large as the original proposal.

As they don't have a right to build anything close to what they are asking for yet, they are working toward what both parties can accept. Pinnacle will naturally want to maximize the potential of the site, while the City will be looking to approve something that fits into their various guidelines and area plans.

As the two parties are still talking we can take that as an indication that they would rather reach an agreement without going to the OMB… but you can bet that if at some point Pinnacle feels that the City is trying to impose something significantly less than what they could get from the OMB, they would end talks and simply go take their chance. Predicting OMB decisions is not an exact science though, so Pinnacle would want to be convinced of a win before taking that option.


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^ Uh huh, that's pretty much what I said, they are negotiating an "appropriate density" for the site. "Appropriate" being the defining word as this can only be based on other developments in the core area.

This site is bordered by a lake, tall condos and Industrial ' undeveloped areas i.e. a perfect area for tall buildings that wont impact other residential developments and will help to generate the downtown density the transit needs as we go forward. You can't buy a house in Toronto anymore, condos are the subdivisions of the future and forcing them to reduce their density is akin to forcing people to the suburbs. We need the housing downtown, there are buyers waiting, let them build it. Like you said, the OMB will be their next move and I would hope they could avoid it - I'm sure Pinnacle doesn't want to offend the city planners either as they have more plans for the city - but if you can't make any progress, its the only option left. And given the location, I think the OMB would be pretty generous.
 

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