On the tip of my Yonge ACO Toronto 2019 Heritage Symposium Torontos - - PowerPoint PPT Presentation

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On the tip of my Yonge ACO Toronto 2019 Heritage Symposium Torontos - - PowerPoint PPT Presentation

Sep 16, 2023 134 likes •552 views

On the tip of my Yonge ACO Toronto 2019 Heritage Symposium Torontos Disappearing Main Streets: Buildings and Businesses April 6, 2019 January 3, 2011 2011 Toronto Star File Photo Photo by Aaron Lynett / National Post 386 Yonge Street

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On the tip of my Yonge

ACO Toronto 2019 Heritage Symposium Toronto’s Disappearing Main Streets: Buildings and Businesses April 6, 2019

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January 3, 2011

2011 Toronto Star File Photo
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SLIDE 3 Photo by Aaron Lynett / National Post
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386 Yonge Street

Image from Canderel Residential There’s a new landmark in town at the corner of Yonge and Gerrard and its name is Aura. Rising 78 storeys —soon to be Canada’s tallest residential building— the Aura condo is suddenly the most dominate thing between Queen and Bloor Streets, a tent pole between two other highrise clusters. Shawn Micallef, Oct 4, 2013 Toronto Star columnist
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SLIDE 5 386 Yonge Street (Aura) 1 Bloor Street East 2 Bloor Street West Source: Tall Buildings: Inviting Change in Downtown Toronto (2010)
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SLIDE 6 386 Yonge Street (Aura) 1 Bloor Street East 2 Bloor Street West Source: Tall Buildings: Inviting Change in Downtown Toronto (2010)

✔ ✔

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SLIDE 7 386 Yonge Street (Aura) 1 Bloor Street East 2 Bloor Street West Source: Tall Buildings: Inviting Change in Downtown Toronto (2010)

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?

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“Alright, we’ll do it ourselves.”

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The City follows…

North Downtown Yonge Site and Area Specific Policy 382 (2016) Historic Yonge Street HCD(2015)
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Then the OMB hits (again)…

North Downtown Yonge Site and Area Specific Policy 382 (2016) Historic Yonge Street HCD(2015)

OMB APPEAL

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City Planning trying to catch up...

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…but development leaps ahead...

  • 625 Yonge St (2012) = 46-storeys (appealed)
  • 2 Gloucester St (2011) = 34-storeys (approved)
  • 593 Yonge St (2012) = 44-storeys (approved)
  • 501 Yonge St (2011) = 25, 52-storeys (approved)
  • 460 Yonge St (2011) = 66-storeys (approved)
  • 10 Wellesley St W (2017) = 64-storeys (appealed)
  • 475 Yonge St (2016) = 58, 48-storeys (appealed)
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…along with near-sighted MPAC

  • 625 Yonge St (2012) = 46-storeys (appealed)
  • 2 Gloucester St (2011) = 34-storeys (approved)
  • 593 Yonge St (2012) = 44-storeys (approved)
  • 501 Yonge St (2011) = 25, 52-storeys (approved)
  • 460 Yonge St (2011) = 66-storeys (approved)
  • 10 Wellesley St W (2017) = 64-storeys (appealed)
  • 475 Yonge St (2016) = 58, 48-storeys (appealed)
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http://www.smallbizonyongestreet.com/data/org/15115/media/img/c ache/1000x0/1505549_1000x0.png

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“Highest and Best Use”

In high-growth areas, the Municipal Property Assessment Corporation (MPAC) assesses a commercial property’s value according to what it could be, rather than what it is. As a result, property values have been skyrocketing in Toronto, and with them, commercial property tax bills.” Taxed Out (2018, Ryerson City Building Institute) Photo by Jess Stewart-Lee/The Varsity
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Yonge Street Tax Revolt

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OPA HCD

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OPA HCD

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Commercial Property Tax Relief

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Commercial Property Tax Relief

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Commercial Property Tax Relief

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Commercial Property Tax Relief

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Character Street

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...in 2011

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...in 2016

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From the Ped Mall to Celebrate Yonge

Photo by Harvey R. Naylor. City of Toronto Archives, Fonds 1526, File 5, Item 1. Photo from 2012 Celebrate Yonge event, photo by Downtown Yonge BIA
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...in 2019 Yonge TOmorrow

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Yonge TOmorrow EA

Special Thanks to:
  • Downtown Yonge BIA
  • Ryerson University
  • Church-Wellesley
Neighbourhood Assocation
  • Bay Cloverhill Community
Association
  • KPMB Architects
  • Greenberg Consultants
  • Toronto City Planning
  • Toronto Revenue Services
… and all of our stakeholders and partners!
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Yonge TOmorrow EA

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Yonge TOmorrow EA

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Yonge TOmorrow Public Information Centre May 9, 2019 4:00 - 9:00 p.m. Marriott Courtyard, 475 Yonge St www.toronto.ca/YongeTOmorrow

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Thank you!