Fans of The Ballroom may soon have to say goodbye to the popular Toronto spot as a new two-tower condo development is slated to replace it.
The project, which will occupy the 241 Richmond Street West property and the adjacent 133 John Street lot, is comprised of two towers, 37 storeys and 41 storeys in height. The towers will sit on the southeast corner of Richmond and John next to the Rendezviews patio, which is slated to become a public park.
The heritage-protected facade of the Handy Harman building at 241 Richmond will be incorporated into the tower’s design, creating a two-storey podium at its base.
The towers would house a total of 470 condo units, ranging from studios to three-bedrooms, with the majority being one-bedroom units. There’s also 1,410 square metres of retail space planned for the base of the development. Renderings show that a restaurant could be taking up part of the ground-floor space.
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With the public park in mind, the retail space will not only face onto the street but the park as well. The building will also have a foliage-covered wall facing out to the park space.
The proposed development is currently being considered by the City of Toronto for a zoning by-law amendment, which will need to be approved before the condo tower can move forward and The Ballroom can be closed.