Galleria to contain eight towers
Lazer said construction at the $1 billion-plus
Galleria redevelopment at Dufferin and Dupont Streets in Toronto should begin by the end of 2019 or early 2020. Sales will begin in the spring and preliminary work on the mall will start next year.
Zoning for the nearly 2.6-million-square-foot site was approved unanimously by Toronto city council earlier this year
The rezoning process “was done in a very unique way which we are actually very proud of,” Lazer says. Elad Canada had extensive collaboration with the city, community groups and the public. A consultation process resulted in lower heights for some buildings and more public areas.
Plans now call for eight towers ranging from 18 to 35 storeys, about 300,000 square feet of retail space (more than the existing Galleria shopping centre) and about 28,000 square feet of office space. A 75,000-square-foot community centre would double the size of the existing centre, and an eight-acre park would replace an existing seven-acre play area.
The development should take 10 years to build.
“At the end of the day, we came to a plan I can confidently say made everybody happy.”
Galleria will contain 2,896 units of which 150 will be affordable rental units. The remaining units are planned to be condos.
Current services “that the community relies on” – including a bank, pet store and pharmacy – will remain open throughout construction.
https://renx.ca/elad-canadas-newest-toronto-master-plan-lansing-square/