Some of the last low- and mid-rise buildings on Charles Street will be replaced by a 48 storey tower, including a 6-storey podium.
The site is currently occupied by The Charlesview, a 9-storey rental building at 55 Charles Street East (containing 76 units), and the 3-storey rental building at 61-63 Charles Street East (containing 24 units). Tenants will be compensated for moving and are being offered replacement rental units on the second to sixth floors of the new building. The rest of the building will be condominium units.
The original application asked for 55 storeys; this has been reduced to 48. The exterior design has also been made more interesting.
In July, the City met with stakeholders, including the CWNA, to review the developer's site plan. Renters had concerns regarding the lack of parking spaces designated for the rental apartments. As Charles can be very congested, another recommendation was making the laneway side of the building more amenable to mail, deliveries, pick-ups and drop-offs by adding a back lobby. Another concern was the lack of any designated outdoor space for dog relief.
The City will raise these concerns with the developer.