Location: 83 Bloor Street West, Toronto
Developer: Parallax Development Corporation
Architect: IBI Group
Toronto’s high-end, high-fashion Yorkville neighbourhood could be getting another condo tower to one of its major intersections.
In mid-December, Livabl reported that a prime slab of Yorkville real estate was the focus of a new high-rise application that would deliver 1,118 condos to the community. This week, the project documents on the City of Toronto development application portal officially became available for public viewing.
If approved, a zoning by-law amendment and site plan control application filed for 83-95A Bloor Street West would create a 79-storey mixed-use tower. The developer, Parallax Development Corporation, has also worked on 199 Church Condos and Theory Condominiums.
The development site in question spans 1,642 square metres on the south side of Bloor Street West near St. Thomas Street, located slightly west of Bay Street. A series of one- to three-storey commercial buildings with ground-floor retail space currently occupy the site. One of the buildings located on the corner of the lot, 95A Bloor Street West, is listed on the City’s inventory of heritage properties and dates back to 1928 according to the application’s documents.
The existing buildings would be demolished to make way for the new tower, which reaches 271.24 metres in height when including the mechanical component. For comparison, a nearby application for 1200 Bay Street is slated to reach 87-storeys (324 metres).
A 20-storey podium would support the base of the new tower, while a corner portion of the heritage building’s façade would be partially preserved and incorporated into the exterior.
The ground floor and mezzanine levels of the tower would house retail uses along the Bloor Street West, wrapping around to St. Thomas Street for a total of 1,153 square metres. Access to the main lobby would be provided in the middle of the Bloor Street West frontage.
Of the 1,118 units proposed for the tower, the breakdown would include 444 studios, 377 one-bedroom, 184 two-bedroom and 113 three-bedroom suites. Unit sizes would range from 325 to 1,247 square feet.
A total of 1,118 bicycle parking spaces would be included on the second and third floors along with indoor and outdoor amenity space, which ranges from the second to fifth levels.
A driveway connecting to St. Thomas Street would lend access to an internal loading area and a parking elevator that would lead to a four-level underground parking garage with 95 spaces.
In the neighbourhood, construction continues at The One, a contender for the tallest residential building in Canada. Nearby, registration is open for Toronto Yorkville Luxury Condos.
