The city is in receipt of Official Plan Amendment, Zoning By-law Amendment and Draft Plan of Subdivision applications from Shoppes on Steeles Limited Partnership to redevelop the northeast corner of Steeles Avenue East and Don Mills Road known municipally as 2880 to 2930 Steeles Avenue East. The applications would facilitate a mixed-use community focused on three precincts across the 7.18-hectare (17.74-acre) site that include a retail hub, a 0.93-hectare (2.3-acre) central park, and condominiums.
The applications are to facilitate the development of 13 buildings ranging in height from eight to 59-storeys, consisting of 5,049 dwelling units, two levels of underground parking for 4,367 cars and 7,884 m2 (85,000 sq. ft.) of commercial space. The Floor Space Index (FSI) is 5.51.*
In the event the application is approved, the build-out would occur in three distinct phases from west to east across the site and take nearly 30-years to be complete. The landowner has indicated the existing Food Basics grocery store will remain operational until such time as the new commercial space has been constructed and will then relocate to it.
*The Floor Space Index (FSI) calculation is derived from the total floor area of the buildings divided by the area of the property. It is an indicator of density.
The proposed site plan and renderings are below.