The plan is meant to make Scarborough’s Golden Mile a “City of the Future” again, and it’s a vision that could fail.
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The plan is meant to make Scarborough’s Golden Mile a “City of the Future” again, and it’s a vision that could fail.
People from surrounding neighbourhoods are hearing redevelopment will bring 45,000 residents and 19,000 jobs to properties along Eglinton Avenue. They see no guarantee this will benefit them.
The district’s landowners,
after three years of working with Toronto planners on the Golden Mile Secondary Plan (GMSP), are balking at density caps preventing them from building as high as they want on holdings from Victoria Park Avenue to Birchmount Road.
KingSett Capital, RioCan Holdings and Choice Properties REIT are pushing their own plans forward through appeals. In February, each will ask Toronto’s Local Planning Appeal Tribunal to help.
On Jan. 8, lawyers for landowners gave Scarborough Community Council a blunt and public warning.
The present caps, and a restriction limiting developments north of Eglinton to 35 per cent until an east-west Golden Mile Boulevard is competed, will stop GMSP cold, they said.
“I’ll be definitive: It won’t happen,” said Adam Brown, representing KingSett, owners of Eglinton Square mall.
With the Crosstown Light-Rail-Transit line moving to completion, Golden Mile’s ripe for redevelopment, but Brown said the caps are set “extremely low.”...