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Proposal in for mixed-use development including two 58-storey towers at 501 Yonge

Lanterra has submitted an application to build two 58-storey towers on a seven-storey podium on Yonge Street between Maitland and Alexander.

The mixed-use plan calls for the current buildings, with their typical Yonge Street storefronts, to be demolished.

"My own personal reaction is that I'm not sure about the topography on Yonge Street," says ward councilor Kristyn Wong-Tam, "because the built form and the missing reminds me very much of what we've seen on Bay street, which has created that canyon street, and given the nature of Yonge Street, where we see three, four maybe five storey in some cases street wall expression, I have to worry about going too tall."

No detailed renderings of the Peter Clewes design have yet been shown to the city, and so Wong Tam is reserving judgment on that front.

The planning committee's report is due by the fourth quarter of the year, after which a public hearing on the subject will be scheduled.

Wong-Tam says that this application is just one of many similar ones she has either seen or heard are coming for the Yonge Street corridor.

Writer: Bert Archer
Source: Kristin Wong-Tam


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