To understand how this 2810 Bayview site went from Dormer Homes recent OMB/OLT approved 7-storey 2.89FSI with 67 Units,... to Osmington's proposal of 42-storey 12.98FSI with 539 units,... you have to understand what happened to the north at 461 Sheppard East.
RE: 461 Sheppard East (site to north; ESSO gas station site at southwest corner of Sheppard & Bayview) - I would have betted big that site be limited to about 10-storey due to 45 degree angular plane rule to protect the Single Residential Houses to SouthWest of site.
The Esso and Circle K at the corner of Sheppard and Bayview was listed for sale on Cushman Wakefield's website. As per the broker brochure: Conceptual density and massing from brochure marketing material:
urbantoronto.ca
But Developer got approved for their 44-storey 13.07FSI with 513 Unit,... at the City level - didn't even have to go OMB/OLT! WTF!
So what happened to the 45 degree angular plane rule that's supposed to protect the adjacent Single Residential House Neighbourhoods,... that rule has never been violated before! Well,... at a recent Sheppard Renew Community Consultation - review of the area's Secondary Plan along Sheppard (after 461 Sheppard was approved),.. CityStaff reveal they'll rezone the adjacent Single Residential House neighbourhood SouthWest of Sheppard & Bayview to something else,.. might be Parkland or Retail (good luck making Retail work here) - they don't know yet,.... but it won't be Single Residential Houses! 45 angular plane rule don't apply to Retail,... but useful to protect Park! But don't worry,... it won't happen now, it'll be like 30 years or so from now,... so CityStaff are changing zoning on the fly,... in the meantime, land vultures are knocking on doors trying to land assemble these Single Residential Houses,...
So that's how this 2810 Bayview site went from Dormer Homes recent OMB/OLT approved 7-storey 2.89FSI with 67 Units,... to Osmington's proposal of 42-storey 12.98FSI with 539 units,... which will now be approved,....