145 Loretta Ave. N./951 Gladstone Ave.

The Official Plan and Zoning By-law Amendment presently proposed would serve to increase these towers to buildings heights of 34, 38 and 40 storeys respectively. The additional storeys would take the form of "typical tower floors" and be consistent with the design and height of the floors in the mid-tower rather than the upper floors. While final unit yields will be verified through the Site Plan Control applications, an estimated 1,052 residential dwellings units are proposed for the three (3) residential buildings, a net increase of 122 dwelling units from the present approval. Phase 1 of the development will comprise of Tower A with a total of 402 dwelling units including a range of bachelor, one-, two-, and three-bedroom units. A total of 526 underground parking spaces are proposed to serve the full buildout through the establishment of a three (3) storey underground parking garage. Access to the parking garage is proposed from Loretta Avenue. 436 spaces are reserved for tenants,