First Capital has
submitted applications to the City of Toronto for Zoning By-law Amendment and Site Plan Approval for a site located on the northeast corner of Bloor Street West and Spadina Road. If approved, a 37-storey mixed-use development designed by BDP Quadrangle will rise on the site. The proposed development at 328 Bloor Street West would be comprised of an eight-storey podium with retail uses at grade, topped with a 29-storey residential tower.
The building has a total unit count of 366 units. Vehicular access is proposed through the woonerf connection to Madison Avenue along the eastern extension of the site, providing access to the underground parking ramp and garbage/loading area. A total of 61 parking spaces are proposed within a 2-level underground garage. Based on current By-laws, the proposed development is required to provide a minimum of 269 parking spaces. If the proposal of only 61 spaces is approved, it would put additional pressure on surrounding street level parking availability. Similarly to the KESKUS development team, the First Capital argues that a reduced number of parking spaces is a function of the availability of subway, streetcars, and buses within minimal walking distance of the building.
The proposed building would also cast an afternoon shadow over significant portion of the planned KESKUS site for most of the year.
