City Council has approved Kingsett Capital's development proposal for two towers of 78 and 75 storeys at 475 Yonge, between Wood and Alexander Streets. The proposal includes a small park on the east side of the property and a privately owned publicly-accessible space between the two towers, connecting the park and Yonge Street.
The plan to replace the Couryard Marriot Hotel dates back to 2017, when the City approved Kingsett's original proposal for two towers of 58 and 48 storeys. In 2021 Kingsett submitted a new application for the much taller towers.
A community consultation took place in June 2022.
In November 2023, City Council adopted the approval recommendation:
For more information:
City Staff Preliminary Report (Dec. 2021)
City Staff Approval Report (Sept. 2023)
Development Application Information Centre