OMB settlement reached for 32-storey building near Yonge and Eglinton
High-end rental building to be erected next to John Fisher Public School
After three years of planning and discussions with local residents, the proposal to build a 32-storey building near the corner of Yonge Street and Erskine Avenue has been finalized.
A Jan. 6 settlement hearing at the Ontario Municipal Board (OMB) saw members of the 17–30 Keewatin Neighbours Group, Sherwood Park Residents’ Association (SPRA) and the developer Pemberton Group agree to reduce the height, increase the setback, remove above-ground parking and include a public walkway at 18–30 Erskine Ave.
According to Adam Brown, development lawyer for Pemberton Group, the proposal process was delayed because the community had originally hoped the building could incorporate the John Fisher Public School next door.
Ben Daube, president of SPRA, said several residents made the case that a revitalization project similar to the Tridel development that included a newly built North Toronto Collegiate Institute would be a worthwhile pursuit.
Brown said Pemberton was open to the idea, and talks were had with the Toronto District School Board (TDSB).
“We worked for about a year or so to see if there could be a combined plan to develop the school and our site, and it just never materialized,” said Brown.
According to an email by Jo-Anne Finegan, a surprise twist was revealed at the January meeting, where residents were informed that the property had been sold to the KG Group in December.
Brown said that the new owner will proceed with the same design that was achieved through mediation, except that the building will now be a high-end rental property instead of a condominium.
At the end of January, TDSB trustee Gerri Gershon held a community meeting to discuss declaring 0.5 acres of land at the John Fisher Public School surplus. Funds from the sale would go to renovations or the possible redevelopment of the school.
Gershon said the board has to go to the market first, but if the developer for 18–30 Erskine Ave. wanted to buy it, that would be “ideal.”