OVERVIEW

Bousfields was retained by both Cityzen and Fernbrook for the two phased residential development of a prime waterfront location at Yonge Street. The first phase will include four mid-rise buildings joined in pairs with three storey bridges, and the second phase will develop two mid-rise buildings and a 35-storey signature tower. The entire development will consist of 1,264 residential units. The project also facilitated a land exchange with Waterfront Toronto to create a widened public park along the Yonge Street Slip and a public pedestrian promenade along the harbour edge.

Peter Smith provided evidence at the Ontario Municipal Board in support of a minor variance for Phase 1. He is scheduled to go to the Ontario Municipal Board in support of Phase 2, with regards to an Official Plan Amendment and a rezoning. Phase 1 is currently under construction.