2150 and 2194 Lake Shore Blvd and 23 Park Lawn Road (the “Lands”) is a phased, mixed use development approved by Council in 2022 that comprises approximately 7500 residential units, including affordable housing, as well as two on-site parkland dedications, a new GO station, and community facilities such as a new public library, community recreation centre, two child care centres and a community agency space. The required conveyance of lands for parkland purposes, pursuant to Section 42 of the Planning Act, R.S.O. 1990. C. P. 13, for the Lands, must be completed prior to the issuance of the first Above-Grade Building Permit for the first building in Phase 2 and in Phase 3, respectively, in accordance with Chapter 415 of the Municipal Code. However, in discussions with the Owner, there are certain construction constraints within Phase 2 and 3 of the development, each of which comprises multiple high-rise towers and the construction of new public streets, that necessitates the delay of both parkland conveyances until first residential occupancy of the last building adjacent to each park site. Overall, the delayed conveyance of the parkland will allow for minimal disruption to the build out of the parklands and ensure safety and comfort to the park users once construction of the adjacent buildings have been completed. It is also intended to minimize disruption to traffic by allowing the Owner to use the future parkland for construction staging rather than seeking permission to temporarily close lanes on Lake Shore Boulevard and Park Lawn Road. The alternate conveyance timing would require the delivery of the parkland with Base and Above Base improvements fully completed. The Section 37 Agreement for this development has not yet been executed and registered, and as such, an Amending Agreement is not required — however, staff require revised instructions to implement alternate timing for parkland conveyance to be secured through the Section 37 Agreement. This Motion is urgent because, if adopted at the December 13, 14 and 15, 2023 City Council meeting, it will permit the City Solicitor to proceed with execution of the Section 37 Agreement for the Lands once all other outstanding matters have been addressed to the City’s satisfaction.
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