32-Storey Tower Planned for Joyce Collingwood
Westbank has submitted their rezoning application for 5055 Joyce Street, a 16,000 SF site acquired from the YMCA in 2017 for $55,000,000, or $221 per buildable SF.
The site is currently zoned C-2C but can be rezoned under the Joyce-Collingwood Station Precinct Plan. The proposal consists of one 32-storey mixed-use building over six levels of underground parking and includes:
- 298 market condo units;
- 146 one-bedrooms, 120 two-bedrooms & 32 three-bedrooms;
- 11,100 SF of retail space;
- a total density of 15.5 FSR;
- a building height of 305 ft.; and
- 197 underground parking spaces and 533 bicycle spaces.
The architect for the project is Perkins + Will.