The Atrium on Bay is set to get a lot bigger.
Long the underappreciated younger sister of the Eaton Centre to its immediate south, the mall is set to add four floors of retail.
The owners,
H&R Real Estate Income Trust, received community council approval for the project. H&R REIT also recently bought the Corus Quay building on the waterfront.
"It was largely supported by planning staff, as well as the downtown
Yonge Business Improvement Area," says councillor Kristyn Wong-Tam. "There is going to be significant improvements to the street, a part of their application is really putting in almost three million to public realm improvements. They’re going to be internalizing the Dundas exit, the one that sits right in front of the Dundas and Yonge. So where you have those stairs leading up onto Dundas on the northwest corner will be removed. Which means we're going to recapture width. They're redesigning, repainting, re-landscaping Dundas, Bay, Edward as well as Yonge."
Writer: Bert Archer
Source: Kristyn Wong-Tam
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