“The Preston Street BIA Board of Directors met last Friday, to define their position on the proposed rezoning of 490 Preston Street. The motion below was unanimously accepted by the Board of Directors.
Whereas a developer is proposing to build a 35 storey building at 490 Preston Street,
And whereas the 35 storeys exceeds the recent rezoning that allowed a four storey podium at Preston Street, and an 18 storey tower at the back of the site,
And whereas the Preston Street BIA is committed to protecting the cottage like nature of the street,
And whereas the Traditional Mainstreet Zoning for Preston Street restricts building heights to 4 storeys at street level, in order to create a pedestrian-friendly streetscape, and whereas this zoning was agreed to by the residents’ and business associations,
And whereas the approval of this increased height will set a precedent for Preston Street, and provide economy of scale for other developers to tear down the smaller buildings along the street, and build tall structures further north along Preston Street,
And whereas the property owners and residents of this neighbourhood have undergone 3 years of construction, in order to enjoy the benefits of the pedestrian-friendly streetscape,
Be is so resolved that the Preston Street BIA objects to the proposed expansion of the zoning, and encourages the planning department to hold this and all future proposed developments to the TM zoning.”
Looks pretty unambiguous to me. They don’t like it, they don’t want it.
This, BTW, is what the OMB approved for the site in a previous zoning-busting decision. It’s a lot smaller than Soho Italia.