Lamb wins battle for King St. tower
National Post
Natalie Alcoba November 10, 2010 – 10:36 pm
A 47-storey condo tower that the city originally opposed will rise after all in the heart of the theatre district, but local Councillor Adam Vaughan aims to use heritage conservation powers to rein in the soaring structures that are sprouting up in the area.
The city and the team behind 224 King St. West, headed up by condo king Brad J. Lamb and prominent architect Peter Clewes, settled their differences before reaching the Ontario Municipal Board, the tribunal that rules on development disputes.
The overall height of the tower has come down slightly, to 157 metres from 164 metres, although two more floors have been added, Mr. Lamb said in an interview.
Located next to the Royal Alexandra Theatre, in what is now a parking lot, the “Theatre Park” blueprints set the tower back enough from King Street to create a public park that is heralded as the project’s centrepiece. The price of units will range from $299,900 to $3-million, said Mr. Lamb, or about $600- to $625-a-square-foot, and will go on sale next year.
“I am thrilled,” Mr. Lamb said of the outcome, which recently got a “rubber stamp” from the OMB to proceed.
When it first came up for approval in March, city staff voiced strong opposition to a height they believed overwhelmed the street and could jeopardize heritage buildings on the block by essentially making the conditions right for developers to snap them up and convert them into condo blocks.
The 224 King St. team argued that height was a non-issue, because a whole host of skyscrapers is coming online in the vicinity, including the 66-storey Shangri La and 42-floor Festival Tower on top of the TIFF Bell Lightbox.
Mr. Lamb agrees that preserving heritage is important in Toronto, but he said the Theatre Park property has been a parking lot for 40 years.
“There is no history, so let us make history by creating something different.”
Mr. Lamb owns the land, and is working with Niche Developments and HarHay Construction Management to develop it.
Councillor Vaughan sided with staff who opposed the project in March. While praising aspects of the design, he supported the tweaked proposal that council approved in August.
In the intervening months, Mr. Vaughan said the city has secured a heritage designation across the block, and has initiated a Heritage Conservation District study “to protect the rest of the area.”
“This may be the last tall building on this block,” said Mr. Vaughan, who represents Ward 20 (Trinity Spadina). He wants to move away from site-by-site development, and toward block-by-block development, so that neighbourhoods retain a certain scale, and residents can count on keeping the view they purchased.
Additional heritage controls will preserve the brick-and-beam warehouses and maintain the “commercial validity” of the burgeoning non-entertainment sector in the area, he said.
“I inherited the wild west, and we’re trying to civilize it a bit,” Mr. Vaughan said.
Theatre Park will spend 1% of its construction costs on public art, half of which will be located in the courtyard. It is also paying the city $1-million in development fees that will go to streetscape improvements on John Street, to public housing in the ward and to funding the King Street West Heritage Conservation District study.
“I think this, in a lot of ways, for the Royal Alex, it really presents it in a luxurious context,” Mr. Vaughan said. “Does it present other challenges, absolutely. Is it what the secondary plans 10 years ago envisioned? No, but we lost that,” he said, when the TIFF height was approved.