Our sister site UrbanToronto.ca covered the reveal of an updated design for a proposed condominium tower set to become one of Canada’s tallest buildings.

85-storey version of YSL Residences, image courtesy of Cresford

The City of Toronto and Cresford Developments have settled on a new plan for YSL Residences on Yonge Street at Gerrard in the city's Downtown. The condominium tower was proposed as a 98-storey, 343-metre tall building designed by Kohn Pedersen Fox Associates of New York and architectsAlliance of Toronto, which would rise behind several heritage storefronts along the east side of Yonge south of Gerrard, but Toronto's Planning Department had issues with the plan.

With no final report to Council within the timeframe prescribed by Ontario's Planning Act, the developer appealed the City's lack of a decision to the Ontario Municipal Board (OMB). Yesterday, the developer and the municipality appeared at the Local Planning Appeal Tribunal (LPAT, who are hearing OMB cases now) with a settlement worked out between them in the time since the appeal was called. LPAT has presumably ratified the settlement, which brings the building down to 85 storeys and approximately 299 metres, and changes virtually everything about the design. 

You can find the rest of this story on our sister site, UrbanToronto.ca.