An application to amend the City of Toronto’s official plan to permit the construction of six towers at a plaza at 865 York Mills Road that was submitted in late 2011 may finally come to fruition this coming fall.
Liberty Developments, which currently owns the York Mills plaza, is seeking approval from the city to construct two 25-storey office buildings, a 20-storey hotel and three residential buildings with heights ranging from 32 to 38 storeys on the current property.
The city’s official plan has identified the area as an “employment district,” which is defined as a large area occupied by office or industrial spaces “protected from the encroachment of non-economic functions.” Last year, the city released an official staff report recommending the area be designated a “retail employment” area.
“The city will be reporting on this, including recommendations, and the many employment land conversion requests at the November planning and growth management meeting,” said Andrew Misiak, assistant to Coun. Peter Milczyn, who chairs the Toronto City Council Planning and Growth Management Committee.
