Toronto The One | 308.6m | 85s | Tridel | Foster + Partners

yyzer said:
Why not issue him a Conditional Permit so construction can recommence? They can always withhold the occupancy permit if matters still aren't settled after 2+ years.... that way the developer won't go broke with everything at a standstill now....
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Because too many developers were not adhering to the condition and the City is tightening up. Conditional permits CAN still be issued but the City will monitor them MUCH more carefully.
 
That's not really answering the question... the city still holds the ultimate power with the occupancy permit.... the building is no good to anyone if occupancy is not allowed.... so why not let him build?
 
yyzer said:
That's not really answering the question... the city still holds the ultimate power with the occupancy permit.... the building is no good to anyone if occupancy is not allowed.... so why not let him build?
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Not sure developers should get special privileges just because they can't be bothered to do their paperwork in time. There are no surprise processes here that didn't apply to every other development, including the CIBC, 160 Front, various waterfront condos, and other projects that have been going along at a brisk pace.

It's unfortunate Mizrahi is experiencing delays and I look forward to the project continuing; but it's not on the city to fix his managerial issues for him.

The city's job is define a clear process for them to find problems before it gets built (saves everyone money) as permenantly withholding occupancy permits for billion dollar projects doesn't look good for anybody (including the city). See Ryugyong Hotel for an example of build it first and (can't) fix it later.
 
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yyzer said:
That's not really answering the question... the city still holds the ultimate power with the occupancy permit.... the building is no good to anyone if occupancy is not allowed.... so why not let him build?
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Because the whole point of permits is to be sure a building is built properly (does not collapse), follows zoning and planning rules and is safe to open. Allowing potentially unsafe or non-conforming buildings to be built but then stop occupancy is not sensible!
 
DSC said:
Because the whole point of permits is to be sure a building is built properly (does not collapse), follows zoning and planning rules and is safe to open. Allowing potentially unsafe or non-conforming buildings to be built but then stop occupancy is not sensible!
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Well of course... but conditional permits do exist.... therefore there must be some type of oversight to monitor ongoing construction during that process.... the idea is to allow work to continue so he doesn't burn through all his cash while tied up in bureaucratic delays...
 
yyzer said:
Well of course... but conditional permits do exist.... therefore there must be some type of oversight to monitor ongoing construction during that process.... the idea is to allow work to continue so he doesn't burn through all his cash while tied up in bureaucratic delays...
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If you read the Auditor's report on Conditional Permits that is coming to the Audit Committee tomorrow you will see that there has been very little supervision. Of course there should be conditional permits and of course they should be monitored but.... See: http://app.toronto.ca/tmmis/viewAgendaItemHistory.do?item=2020.AU5.5
 
yyzer said:
Well of course... but conditional permits do exist.... therefore there must be some type of oversight to monitor ongoing construction during that process.... the idea is to allow work to continue so he doesn't burn through all his cash while tied up in bureaucratic delays...
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The site is not ZONED. There are no Planning Act permissions to do anything on the site right now. Nor has the Site Plan Control process reached NOAC, indicating that detailed engineering and design review continues. So you want the City to issue conditional permits for a site that technically has no permissions to build a tower at all? There is a process. These are the basic steps. Not “bureaucratic delays”.
 
The fact that permits have been issued to build a tower without the zoning being complete is backwards! Everyone and their dog knows a tower will and is being built on this site. While I’m sure Mizrahi is partially to blame for the delay, you would think that zoning would make this a priority being the tower in question is being built at arguably the most important location in the city! More often than not, the applications/approvals are sitting on a desk in the zoning department somewhere waiting for a review or signature to move forward. It’s a stain on the city as much as the developer that this tower has sat idle for so long!
 
Lenser said:
I expect precious few people in Toronto actually believe that the current hole in the ground at Yonge and Bloor constitutes some shameful stain on the city.
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That’s a little mellow dramatic. However everyone should be concerned that this building like all others under construction in Toronto conform to the proper building rules and adhere to all zoning and safety considerations and should not be afforded any special attention simply because of its prominent location. Fair?

Does anyone know if the $40 million in DC’s have been paid?
 
LMVDR said:
That’s a little mellow dramatic. However everyone should be concerned that this building like all others under construction in Toronto conform to the proper building rules and adhere to all zoning and safety considerations and should not be afforded any special attention simply because of its prominent location. Fair?

Does anyone know if the $40 million in DC’s have been paid?
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Of the $40M, it’s about $18M in DCs ($17M for res and $1M for retail, hotel, and any other non-res) and $22M in Section 37 cash.

DCs are payable at first full permit of any kind, or first conditional above grade permit (which usually comes first).

Timing of Section 37 cash payment varies but is often first permit or above grade permit. However it can’t be charged until there’s a zoning bylaw amendment authorizing it.

So I would surmise the $40M is unpaid.
 
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