More time is needed:
The Chief Planner and Executive Director, City Planning recommends that:
1. The Chief Planner and Executive Director, City Planning Division report directly to the July 8 and 9, 2014 City Council meeting on the results of the working group for the project at 266-270 and 274-322 King Street West and any changes to the proposed developments, subject to sufficient progress being achieved.
2. City Council request the Chief Planner and Executive Director, City Planning, to initiate an amendment to the Official Plan to create a "Site and Area Specific Policy" to permit an appropriate scale of development beyond the scale currently permitted by the existing Official Plan policies, but which is less than the Zoning By-law Amendment currently under appeal to the Ontario Municipal Board, for the block bounded by John Street to the west, King Street West to the south, Pearl Street (not including 11 Ed Mirvish Way) to the north, and 224 King Street West to the east, and that the amendment be scheduled for a statutory public meeting by the Toronto and East York Community Council on June 17, 2014, subject to sufficient progress being achieved.
3. City Council direct the Chief Planner and Executive Director, City Planning to schedule a community consultation meeting for the proposed Official Plan Amendment with the Ward Councillor.
4. City Council direct that notice for the community consultation meeting, be given to landowners and residents within 120 metres of the site.
5. City Council direct that notice for the public meeting under the Planning Act, be given according to the regulations under the Planning Act.
This report recommends a revised timeline for City Council's further consideration of the proposed development at 266-270 and 274-322 King Street West.
The reporting time frame approved at City Council's meeting on March 20th, 2014 was established in light of an Ontario Municipal Board (OMB) hearing scheduled to commence on June 16, 2014.
The time frame was also predicated on having modifications made to the proposed development and the required submission material updated to reflect the revisions, in order to have staff conduct a thorough evaluation and make appropriate recommendations to City Council.
The revised proposal has not progressed sufficiently to fit the established time frame. The proponent also recognizes the timing constraints. As a result, the proponent has agreed to request that the OMB reschedule the hearing to September of this year.
In order to maintain the positive momentum created by the working group process, staff are recommending that City Council adopt an alternative reporting time frame, where the Working Group Status Report, the Zoning By-law Amendment Request for Direction Report, and the City-initiated Official Plan Amendment Report can all converge on the July 8 and 9, 2014 City Council agenda, provided that sufficient progress on the proposed modifications is made to meet the new time frame.