Plans have been submitted for the fourth and final phase of a master-planned development located next to the Highway 401 and Highway 404 interchange...
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Lev Living, a New York-based developer with offices in Toronto, recently submitted plans for a four-tower mixed-use development in North York that would deliver a substantial 2,386 residential units across 59, 53, 49, and 30 storeys. The application was filed in early-December and is currently under review. If approved, the development would replace two existing seven-and nine-storey office buildings built in the 1970s as well as a surface level and underground parking lot. Located at 45-47 Sheppard Avenue East, the nearly three-acre site sits on the south side of the road, just east of Yonge Street and within walking distance of the Sheppard-Yonge subway station — a Strategic Growth Area occupied by a mix of mostly high-rise apartment and office buildings with some low-rise and mid-rise retail. Envisioned for the site are two separate buildings with two towers each that would be joined by two six-storey podiums. Currently, the developer is considering carrying out the redevelopment in two phases, beginning with the demolition of 45 Sheppard and construction of two north towers: Towers A and B. The existing southern building at 47 Sheppard would remain operational until the commencement of Phase Two when it would be demolished and replaced with Towers D and C. Once complete, Tower A and B would sit on the northwest and northeast corners of the site, clocking in at 59 and 53 storeys, respectively. In the southwest and southeast corners would be Tower C and D at 49 and 30 storeys. Plans also include a 12,486-sq. -ft public park and a pedestrian promenade that travels from Sheppard Ave under a seventh-floor outdoor amenity terrace between Tower A and B and into the centre of the site.Designed by B+H Architects, the complex itself has a stunning sculpturesque form with curving arches combined with sharp verticality that gives it a contemporary Art Deco feel. Renderings also depict the use of light and dark brick, metal, and glass that give the building a luxurious look.For the public realm, plans propose retail storefronts, patio seating, water features, and the large public park slated for the centre of the development.Inside, you'll find 22,022 sq. ft of retail space at grade, residential lobbies, and a pet wash station in the base of Tower C and D. In the towers above would be the 2,386 residential units divided into 330 studios,1,087 one-bedrooms, 724 two-bedrooms, and 40 three-bedrooms, with Phase One to deliver 1,378 units and Phase Two to deliver 1,008 units.Available to residents would be 40,084 sq. ft of indoor amenity space and 19,428 sq. ft of outdoor amenity space across Phase One, followed by 26,780 sq. ft and 16,619 sq. ft of amenity space in Phase Two. The majority of the outdoor amenity space would be located on terraces created by the stepping of the podium levels, and would be connected to indoor amenity spaces.Additionally, plans propose a total of 736 vehicle parking spaces comprised of 597 residential and 139 visitor and commercial, plus 1,808 bicycle parking spots.
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