On November 10, Colliers Strategy and Consulting (on behalf of YI Developments Limited) submitted an application for a 57 storey tower at the southeast corner of Yonge and Isabella Streets (619-637 Yonge; 7-9 Isabella) that would bring 606 residential units to the site.
The Yonge Street frontage would be retail space, with the residential entrance on Isabella Street, and servicing, parking and loading accessed via Gloucester Lane.
The site is within the proposed Yonge Street Heritage Conservation District. However, a group of developers, including YI Developments, has appealed The Heritage Conservation District Plan to the Ontario Land Tribunal. The current development proposal calls for the demolition of the existing buildings.
City staff are reviewing the proposal. A preliminary report with recommendations to Community Council will be released in early 2022.
Notice of a community consultation meeting held by the City will be sent to property owners within 120 metres of the property. You can be notified of the consultation by clicking the "Community Consultation" tab on the Development Application Information page for the proposal.
For more information:
Development Application Information Centre: