Previous Grmada Holdings approval at OMB:
14-storey 42.5m 48.9% coverage
4.9FSI 20,467m2 residential vs 639m2 retail (97% vs 3%)
101 1-bedroom, 69 2-bedroom, 13 3-bedroom (55.2% vs 37.7% vs 7.1%)
183 total units
Current - FieldGate Urban
16-storey 48.10m
5.22FSI 22,000m2 residential vs 200m2 retail (99% vs 1%)
285 1-Bedroom, 57 2-bedroom, 39 3-bedroom (74.8% vs 15.0% vs 10.2%)
381 total units
@mods need to update title to: 53 Sheppard West | 48.1m | 16s | FieldGate Urban | IBI Group
source:
http://app.toronto.ca/AIC/index.do?folderRsn=H+iF5nMFcP+dl2LdULatyA==
- FieldGate Urban generally kept the same built form that Grmada Holdings Inc got approved at OMB - but added 2-storey to the approved 14-storey 42.5m on Sheppard, increasing it to 16-storey at 48.1m; keeping the 4-storey townhouses on Bogert - this increases the floor area from 21,106m2 to 22,200m2 and density from 4.9FSI to 5.22FSI
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4-storey townhouses along adjacent north-side of Bogert Ave:
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- within similar built form, how did FieldGate Urban's 381 units more than double Grmada Holdings' 183 units? Whereas most of Grmada Holdings' unit size were about 650-1100sqft (not including Penthouse), FieldGate Urban split most of these condo unit size in half to 300-800sqft! Some of these 1-bedroom are sub-300sqft Studio micro condo units! 292 sqft, 293 sqft, 298 sqft here! For those who can't afford a 600sqft 1-bedroom condo,.... here you can buy half of it!!!
NOTE: 276 sqft at Urban Capital Property Group's Smart House (215 Queen St West) is the smallest in the City! The Modular Supportive Housing Units at 175 Cummer are 236-253sqft!
- the smaller units likely generate higher per square footage sale price and profit - thus, developers try to make smaller 1 bedroom units VS 2+bedroom Family Units
- FieldGate Urban seems to have partnered with Daniels Corp on this project - Daniels Corp did the initial 3 phases of 5 for Regent Park rebuild
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- on-site Section 42 parkland dedication is 50 feet lot along Bogert directly west of Albert Standing Park with nothing along Sheppard (City wanted 25' on Bogert and 25' on Sheppard to reduce condo size!)
- this parkland dedication is adjacent to their non-enclosed courtyard between Bogert townhouse and Sheppard condo tower - which would act as Privately Owned Public Space (POPS); underground garage directly underneath - thus, every 40 year this POPS would have to be ripped apart to replace the waterproofing above this section of the underground garage
- NOTE: City of Toronto has a Albert Standing Park Improvement/ReBuild project - Office Park VS Neighbourhood Park,.... this project was put on hold a few months ago - while this Revision was making it's way through City Planning towards Official Submission - thus, I suspect the main reason was to clarify if the on-site Section 42 Parkland Dedication will just be the adjacent 50' along Bogert VS 25' on Bogert and 25' on Sheppard
Review the most recent survey results for this project in the Project Updates section. The City is planning improvements to Albert Standing Park and is engaging the community to determine enhancements that will meet the needs of park users Project Timeline 2021: Community visioning and hiring a...
www.toronto.ca
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