Yorkville Development Site Zoned For 38-Storey Hotel For Sale

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Zakiya is a staff writer with STOREYS. She has reported on real estate for Apartment Therapy, Curbed, and Post City Magazines. She also writes a quarterly series for a Canadian design publication.

The sale of 820 Church Street in being brokered by Colliers, and the property is currently zoned for 38 storeys, 118,920 sq. ft of gross floor area, and 172 units.These days more than ever, Toronto is synonymous with big buildings that make big impressions. But if you survey the city’s array of high-rises, both current and up-and-coming, you’ll notice that most tend to abide by a rather boxy persuasion: four sides, four corners, and maybe a series of stepbacks .

The sale of the 5,120-sq.-ft development site is being jointly brokered by Colliers Private Capital Investment Group and Colliers Hotels and is touted in theas an “exclusive opportunity” to acquire the property, which is currently zoned for 38 storeys, as aforementioned, as well as 118,920 sq. ft of gross floor area and 172 units.

Although it seems that the developer has gone to some lengths to remain anonymous — they’re listed in the planning documents only as "820 Church GP Inc." — and it’s not clear why they’re opting to sell at this point, we do know that development plans for the site have been in the works since at least early 2021, when an application for a zoning by-law amendment was filed with the City of Toronto.

It also highlights that the base of the proposed hotel tower “has been massed to respond to the existing and planned context surrounding the site and is appropriate for the site,” while the ground to fourth floor of the development fronting Church Street “are setback to allow for a wide public realm that will accommodate pedestrians and street trees.”

 

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