So that means above grade construction can go ahead now? Or is this just another not-a-permit?
This is an important step but also just another not-a-permit.
Regardless of NOAC, on this site there can be no above grade permits issued until two key things happen:
1. Mizrahi pays $40M of DCs and S. 37 cash. I can’t imagine this is a great environment in which to do his largest capital call since acquisition. (Bet he wishes he had managed his ZBA and SPA processes properly, as this capital call could probably have happened pre-Covid).
2. The offsite parkland dedication of 14 Dundonald must have the current building demolished, and be remediated and conveyed to the City, per the final LPAT approved zoning, Schedule A, S. 37 Provisions.
I provided backup for this a few months ago
here.
Does anyone go or live near 14 Dundonald who could provide an update on its physical status?
There may also be some remaining technical hurdles such as Toronto Water sign-off. From the outside, without a Routine Disclosure or FOI it is impossible to know if all the other little boxes for above grade permits are ticked.