THE SITE
Introducing a new kind of vibrancy to 4050 Yonge Street
Located at the northwest corner of Yonge Street and York Mills Road, the 3.2-acre site currently includes a TTC entrance building and paid parking lot primarily used by transit riders.
OUR VISION
A unique and bold mixed‑use, transit‑oriented development at Yonge and York Mills
Located between the natural and built environments, 4050 Yonge offers an opportunity for a unique and bold mixed-use, transit-oriented development at Yonge and York Mills. The proposed development will introduce a new kind of life to the Yonge and York Mills area through the introduction of residential, hotel, retail, restaurant and office uses. This thoughtful development appreciates and complements the easy access to public transit, the nearby commercial buildings, the surrounding greenery and natural features and the overall essence of the neighbourhood.
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Integrating Transit
OUR PRINCIPLES
Integrating
Transit riders will continue to have the same access and convenience to transit, but through a new and aesthetically pleasing environment provided by the development. By integrating the TTC entrance into the proposed development, the development will take advantage of the existing TTC building entrance onsite, providing convenience and easy access to all members of the public, including the users of the new development.
Transit
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Adding a New Mix of Uses
OUR PRINCIPLES
Adding a New
By adding a new mix of uses on a single site, this development will increase the potential for an underutilized site. The mixed-use development will add to the neighbourhood:
Mix of Uses- 290 residential units
- 312 hotel rooms
- ~50,000 sq ft of office space
- ~16,000 sq ft of street-level retail/restaurant space
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Building Much-needed Hotel Services
OUR PRINCIPLES
Building Much-needed
Businesses, hotel patrons and area residents would be able to enjoy one of Toronto’s newest hotels with full services including meeting rooms, conference spaces, and spa services.
Hotel Services
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Elevating the Public Realm
OUR PRINCIPLES
Elevating the
The development will elevate the public realm, leveraging the site’s prominence and visibility at the corner of Yonge and York Mills. Combined with wide sidewalks and inviting landscaping, the introduction of street-level retail space will animate the site and bring liveliness to the streets.
Public Realm
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Introducing New Housing Options
OUR PRINCIPLES
Introducing New
The development will introduce more options for housing for the neighbourhood. An ideal option for those looking to downsize within the neighbourhood, and those who may want to move into the neighbourhood.
Housing Options
PROPOSAL HIGHLIGHTS
The proposal is for a mixed-use development with a 35-storey residential tower and a 21-storey tower with hotel, retail, restaurant, and office uses, both connected by a 7-storey podium. Specifically, the proposal includes:
- Residential units: 290
- Hotel rooms: 312
- Office space: ~50,000 sq ft
- Street-level retail/restaurant space: ~16,000 sq ft