​A proposed development by Reserve Properties and Westdale Properties at 15-19 Bloor St. W. will become one of Toronto’s new supertall structures after city council adopted a recent settlement offer.

The property (an assembly of two properties currently occupied with two-storey buildings at 15-19 Bloor W.) is located within the Bloor-Yorkville area, at the southeast corner of Bloor St. W. and Balmuto St., about 50 metres east of Yonge Street.

A redevelopment proposal for the property resulted in revised plans designed by Arcadis Architects.

The settlement will allow the tower to be 317.4 metres, which will be a “step down” in height from Yonge–Bloor’s “The One” structure (328.4 metres). According to the statistics laid out in the settlement letter, made public on April 3, the building’s gross floor area will drop to 74,842m², with a revised density (gross floor area/site area) of 59.5. The revised proposal still features eight elevators, but a few more units (1,290 units compared to the initial 1,262).

There will be four levels of underground parking with 78 parking spaces total (64 for residents, 5 for visitors, 7 for pick-up/drop-off activities, and 2 for car-sharing services). Residents can also access 2,479m² of indoor pool amenities and 774m² of outdoor amenities.

The setback of the tower’s east face from the eastern property line will increase by 6 metres, creating a 21-metre separation distance between the tower proposed on the property and “The One” tower currently under construction.

The south face of the tower will be setback by a minimum of 10 metres from the centre line of the existing laneway to the south, with the south façade of the tower gently sloping outward for a total projection of 3.34 metres, starting at the base of the mechanical penthouse of Uptown Residences.

The ground floor will include an urban space at the northwest corner of the property to be secured as a privately-owned public space—this space will extend west and south, creating an expanded pedestrian sidewalk along Bloor and Balmuto.

At the last meeting, Council also directed the City Solicitor to ask the Ontario Land Tribunal to delay issuing a final decision about the proposal until zoning by-law amendments have been reviewed “to the satisfaction of the City Solicitor and the Chief Planner and Executive Director.”