Introduction
The City of Toronto (the City ) has released details
of its proposed inclusionary zoning framework. At its September 22,
2020 meeting, the Planning and Housing Committee endorsed a draft
official plan amendment and zoning by-law amendment to implement
inclusionary zoning as a basis for public consultation. While final
approval by Council is still many months away, the details of the
report paint a clearer picture for the development community in
Toronto of what is to come.
Background
Inclusionary zoning is a powerful land use planning tool
municipalities can use to require that a certain portion of a
development project be made affordable to people with low and
Article content
It might be bye-bye for Betty’s.
The longstanding Corktown neighbourhood dive bar may be in jeopardy after a developer filed an application to the city to convert the block from 234-250 King St. E. and 162 Princess St. into a 40-storey condo tower.
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Try refreshing your browser, or Beloved Betty s bar could make way for 40-storey condo tower Back to video
In December, EMBLEM Developments submitted a Zoning-By-law Amendment to redevelop the site Betty’s has called home for over 25 years. Designed by IBI Group, the condo tower would house 488 residential units 51 bachelors, 313 one-bedrooms, 74 two-bedrooms and 50 three-bedrooms and amenity space on the second and eighth floors.