Loving this new trend we are seeing getting away from traditional all glass towers dotted with balconies.
It reminds me of these two current proposals.
411 King Street West and 88 Queen Street East


Both images from this site.
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Closed sale as of April 8, 2020. Purchase by Madison for both 114 Church and 59 Richmond.
SP: $28,250,000
Purchasers:Madison Group - Developer
Source: Realnet

Unless I am missing something, it seems the rezoning predated the actual purchase of the lands here, or perhaps the APS was complete well before the closing date.
 
Toronto nightspot Club 120 is closing

May 6, 2020

The Church Street venue originally called Goodhandy's, along with the ground-floor restaurant and cabaret space 120 Diner, was already in a precarious position. The building is owned by the developer Madison Properties and is slated for eventual demolition for a massive two-tower condo project. But 120 owners Mandy Goodhandy and Todd Klinck had recently signed a five-year lease on the space.

"We tried very hard to navigate the system and hang in there, and we were able to keep our lease intact until at least the end of May due to the generous donations on GoFundMe and in person, but with the way the world is turning, there is no sane or rational way that we can keep this space alive," wrote Klinck in an extensive goodbye note on Facebook.

"The uncertainty of the restaurant and club business is the main reason it will be impossible for us to hold out," Klinck continued. "All indications point to a world where restaurants will at first re-open with limited capacity and the structure of the virus and how it spreads makes us wonder if the medical community will even permit crowded bars and nightclubs to open ever, before a vaccine."

 
I live in Spire facing south and my view's been getting chipped away for years. Such is life.
 
IN some renderings the heritage building is there and some are not?
Is it getting demolished now? :(
 

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