Makes a mockery of designated structures in the name of a couple dozen affordable housing units. No one would agree with retained if this was a more storied designated building like Canada Life or Old City Hall. I don't think Toronto has different levels of heritage designation. It's designated and listed.
This looks more expensive that a ground up tower. I can't see this being built anytime soon. This approval should allow them to convert the office tower whenever that makes sense and without the addition.
494 Richmond Street East | 146m+ | 45s | Colonia Treuhand | Sweeny&Co l Resubmission
Ten storey jump for the tallest tower from 119 metres and 35 storeys to 45 storeys @146 metres (plus mech penthouse makes this + 150m+ ;-). The other 2 buildings shrunk to 12 storeys @ 47 metres and 4 storeys @17 metres.