{"id":83,"date":"2021-02-07T20:00:20","date_gmt":"2021-02-07T20:00:20","guid":{"rendered":"http:\/\/admin.55yonge.ca\/admin55yonge\/?p=83"},"modified":"2024-12-03T19:43:05","modified_gmt":"2024-12-03T19:43:05","slug":"about-the-site-and-proposal","status":"publish","type":"post","link":"https:\/\/admin.55yonge.ca\/admin55yonge\/2021\/02\/07\/about-the-site-and-proposal\/","title":{"rendered":"About the Site and Proposal"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-83","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"acf":{"heading":"About the Site & Proposal","paragraph":"","image":false,"button":"","swiper":false,"accordion":false,"accordion_faqs":[{"faqs":{"question":"What currently exists on the site?","answer":"The site is presently occupied by two office buildings, one 5 storey building (53 Yonge Street) and one 12 storey building (55 Yonge)."}},{"faqs":{"question":"What are you proposing to build?","answer":"Our proposal is for a 68-storey mixed-use building, with:<br>- 809 m\u00b2 of retail space at street-level<br>- 3 levels of underground parking<br>- Residential tower portion including 836 units, including a mix of studio, 1-bedroom, 2-bedroom and 3-bedroom units"}},{"faqs":{"question":"What will happen to the current buildings on site?","answer":"In line with the previous Zoning By-law Amendment application and Site Plan Application approvals, the current buildings on site will be demolished in order to build the new building."}},{"faqs":{"question":"Is this project intended as rental or condo? Will any units be designated as affordable housing?\u00a0","answer":"The project is still in the early stages, and the tenure has not yet been determined. However, we are considering allocating a portion of the units as affordable."}},{"faqs":{"question":"What kind of retail are you proposing in the building<br>or do you have a particular retail tenant in mind?","answer":"At this point in time it\u2019s too early to know, but we are open to your thoughts and ideas on what this part of Yonge Street could use."}},{"faqs":{"question":"Why are you proposing to remove\u00a0the existing\u00a0office\u00a0buildings?","answer":"With challenges of office vacancies in the downtown core and an ongoing housing crisis, we have been thinking of how to better make use of the site. By replacing\u00a0the office space for more residential space, the proposal can address challenging real estate trends in the office and housing\u00a0market and\u00a0provide better long term uses for this site."}}],"news":false},"_links":{"self":[{"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/posts\/83","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/comments?post=83"}],"version-history":[{"count":23,"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/posts\/83\/revisions"}],"predecessor-version":[{"id":360,"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/posts\/83\/revisions\/360"}],"wp:attachment":[{"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/media?parent=83"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/categories?post=83"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/admin.55yonge.ca\/admin55yonge\/wp-json\/wp\/v2\/tags?post=83"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}