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Article from April 2021:
The controversial twin-tower Television City plan is in "reset mode," according to downtown councillor Jason Farr.
Farr said he posed questions to the city's planning staff recently after hearing people who bought a spot in the two 32-storey towers at the CHCH-TV property in Durand were getting refunds.
"What they shared with my office [on Monday] was Television City has recently told them they're not planning on cancelling the project. But they told our staff they're in a reset mode," Farr said in a phone interview on Tuesday.
He said it doesn't happen often, but that generally means developers can readjust their prices based on their proforma and the market.
Toronto developer Brad Lamb and his team did not respond to multiple requests for comment this week.
The city said it received an application for site plan approval in June 2020. Conditional approval is pending, it said, as Lamb had to revise his plans due to "encroachments into the right of way and possible conflicts with municipal infrastructure."
"The timing for the applicant to revise and resubmit the plans/drawings is up to the applicant. If the revised plans/drawings are acceptable then the city can proceed to issue conditional approval," said city spokesperson Michelle Williams.
"It will be up to the applicant in terms of the timing to provide the required materials, clear the conditions and proceed to build to building permit, as the city is dependent upon the applicant submitting the required materials."
Lamb's development at 163 Jackson St. W. has faced loud opposition from the city and some residents. Opponents said it would cast dramatic shadows, cause privacy issues for those nearby and block a view of the Niagara Escarpment. City council rejected the necessary rezoning, but Lamb was already heading to the Ontario Municipal Board (OMB), which ruled in his favour in February 2020.
Lamb initially wanted a 40-storey and a 32-storey tower, but revised the plan to be two 32-storey towers. The plan also incorporates the historic heritage mansion on the property, which for years housed CHCH-TV.
Farr said while many were opposed to the plan, those who are getting refunds may be upset.
"To pull the rug out under a deal ... I can see how if it were you and me, it would sting a little bit," he said.