AlbertC
Superstar
http://www.thestar.com/news/cityhal...large-retail-development-on-kromer-radio-site
City rejects large retail development on Kromer Radio site
Published On Wed May 30 2012
Paul Moloney
Urban Affairs Reporter
City rejects large retail development on Kromer Radio site
Published On Wed May 30 2012
Paul Moloney
Urban Affairs Reporter
A large retail development seen as a threat to Kensington Market shops has been turned down by Toronto’s committee of adjustment.
Developer RioCan had applied for eight zoning variances to put up a 20-metre-high building with small shops on the main floor and enough space on the upper two floors to house “large format” retail.
However, the committee of adjustment on Wednesday rejected RioCan’s request, calling the proposal excessive and one that should undergo greater scrutiny before anything’s approved.
Councillor Mike Layton, who represents the area, now expects the developer to appeal to the Ontario Municipal Board.
RioCan isn’t disclosing possible tenants. But Shamez Amlani of the Kensington Market business improvement area worries that a retailer like Walmart could be selling food, clothing and hardware.
“Though it is not a stand-alone ‘power centre,’ its impact will be the same and we feel this development will have huge negative effect on Kensington Market retailers,” Amlani told the committee.