Even more towers could pop up next to Highway 427 and the Bloor Street West overpass in Etobicoke.
KingSett Capital is proposing to redevelop the three-building office complex at 300 The East Mall into a four-tower, mixed-use redevelopment.
In its current condition, the site is largely under-utilized with ground-level parking and suffers from a very high vacancy, according to real estate broker Crown Realty Partners.
There will be about 1,100 homes within towers reaching heights of 146 ft (12 storeys), 260 ft (23 storeys), 356 ft (33 storeys), and 427 ft (40 storeys). The unit mix is 666 one-bedroom units, 325 two-bedroom units, and 109 three-bedroom units.
A small retail component of less than 10,000 sq. ft. is planned for the base of one of the towers.
Over 800 vehicle parking stalls are proposed for the project, which is a five-minute drive away from the Kipling GO Train Station.
The road network will be extended onto the site to provide access to the new buildings.
The project’s architect is locally-based Quadrangle, which has incorporated significant podiums into the towers. Rooftop amenity spaces, green roofs, and an appearance of stacked building forms are some of the other design features.
A large open public space is planned for the site’s corner next to the intersection of The East Mall and Bloor Street West.
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