ZEBuilder

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This is a new 2 tower development proposed at 236 Victoria St N. The developer is Falco Group, they've been around for awhile but it appears that they just hold land and flip it. The architect is Reinders+Law. The proposal is for two towers, 1 at 40 floors and 1 at 35 floors. The project will contain 1076 units (573 1brdm, 503 2brdm), 1114 sqm of commercial space divide among 15 units which will all front Victoria. In terms of parking there will be 916 parking spaces as well as 1574 bicycle spaces (1566 class A, 8 class B). Parking will be within 1 level of underground and 6 levels of the podium (facing the rail line). Bicycle parking is on floors 2-6. Residential units will face Victoria along the entire podium.

Amenity space will be provide both indoors and on the roof of the podium, in total 14182.6 sqm of amenity space will be provided. The 35 floor tower has 409 units served by 3 elevators for 1 elevator per 136 units, the 40 floor tower has 657 units served by 3 elevators for 1 elevator per 219 units (absolutely atrocious).

The current site is a 3 floor office building as well as a former LA fitness, the former LA fitness is supposed to be occupied by Grand River Rocks in the coming months, they are getting displaced by the 50 Borden Ave S development. The property itself is wedged between the Guelph Sub and Victoria St N and spans almost the entire block from Margaret Ave to St Leger. It is a bit of a walk to the LRT (15 minutes) but it is on the Ixpress route along Victoria. When the Go/Via station is eventually moved to the Victoria/King intersection it will also be a 15 minute walk.

The site itself is just outside of a MTSA, the properties fronting Margaret are within the MTSA, based on the draft zoning for the MTSAs (supposed to go to council sometime in January) the land along this stretch of Victoria are primarily zoned SGA-3 (No FSR limit, no parking requirement, max height of 25 floors) and SGA-2 (No FSR limit, no parking requirement, max height of 8 floors). Even based on the new zoning that's expected to be implemented this is pushing it in terms of height but council hasn't been opposed to height recently, a few councillors have asked developers for more height. The primary opposition to this development will be the existing neighbourhood which has historically been extremely anti development, they opposed a 19 floor project along Weber St because it didn't fit into the neighbourhood (it's currently a parking lot and across the street is an approved 27 floor project), they also opposed a midrise project (6 floors) across the street from this proposal because it was too tall and didn't fit the neighbourhood, (it is currently under construction) so there will inevitably be substantial NIMBY opposition.

Render Package: 236 Victoria St N Renders
Urban Design Brief: 236 Victoria St N Urban Design Brief
All Planning Docs: Planning Docs

Render (from the Victoria St N/St Leger intersection):
Screenshot 2024-01-10 000036.png


Site Plan:
Screenshot 2024-01-10 195105.png
 

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