A partnership between Canadian condominium developer CentreCourt and CreateTO, the agency that oversees Toronto’s public estate, is proposing a 60-storey tower and 2,200-sq-m park in the city’s Entertainment District, Urban Toronto reports.
The idea is to build the 199m tower on a 2,800-sq-m site on Adelaide Street West, which is presently occupied by a fire station two low-rise commercial buildings. The park will replace a parking lot across the road from the site.
The city’s Entertainment District is located on the Lake Ontario waterfront in downtown Toronto. Over the past 20 years it has experienced a “condo-boom”, raising the number of residents from 750 in 1996 to 20,000 in 2016.
Last year, CreateTO and the City Council approved the relocation of the fire station, and asked that the tower include affordable housing, a paramedic post and community space.
The 54,316-sq-m building, which is designed by local architect Sweeny &Co would add some 848 units, 30% of which will be affordable, to Toronto’s housing stock. As well as the usual retail units in the podium, there will be 2,100-sq-m of indoor and outdoor amenity space on the third and ninth floors.
The Adelaide Street fire station is due to be relocated in 2024, but no timeline for construction of the condominium has yet been given.