Reworked Proposal Submitted for 33 Storey Tower

In Toronto’s Fashion District, the intersection of Bathurst and Richmond streets is set to transform with a significant development proposal by Originate Developments. Known as Reside on Richmond, this project, designed by KIRKOR Architects and Planners, has been reimagined to reflect the evolving landscape of the area and the City of Toronto’s push for higher density near transit stations. For commercial construction professionals, this project represents a substantial opportunity to participate in a dynamic development that meets the city’s growing demand for high-density housing.

Project Overview

The revised proposal for Reside on Richmond outlines the following key details:

1. Height Increase: The building’s height has been increased from 18 storeys to 33 storeys, responding to the Major Transit Station Areas (MTSAs) designation for the nearby King-Bathurst and Queen-Spadina stations on the upcoming Ontario Line 3. This shift reflects broader trends in the construction industry, with developers intensifying projects near transit hubs to capitalize on future market recovery and ensure economies of scale.

2. Site Area and Configuration: The site spans approximately 1,969m² and includes multiple assembled properties:

   • 152 through 164 Bathurst Street
   • 623 through 627 Richmond Street West

   Currently, these properties consist of three-storey townhouses, mixed-use buildings, a vacant lot, and a heritage building at 164-166 Bathurst Street.

3. Heritage Integration: A significant aspect of the proposal is the retention and integration of the two-storey heritage building at the northeast corner of the site. The building will be preserved and incorporated into the development, enhancing the project's architectural appeal while maintaining a connection to the area’s history.

Building Specifications

The proposed development includes several notable features designed to maximize space and accessibility:

• Total Gross Floor Area (GFA): 26,444m²
• Retail Space: 610m² at grade level, contributing to a vibrant street-front atmosphere.
• Floor Space Index (FSI): 13.43, indicating a high-density utilization of the available space.

The building’s design features a stepped podium ranging from 3 to 9 storeys with setbacks along Richmond and Bathurst streets. This approach allows the heritage building to stand out, blending old and new elements harmoniously.

Residential Unit Breakdown

The revised proposal increases the total number of residential units significantly, highlighting an ambitious move to address housing demand:

• Total Units: 420 units
• Unit Mix:
  • 272 one-bedroom units (up from 101 in the previous proposal)
  • Additional two- and three-bedroom units, accommodating a range of resident needs.

Urban Toronto reports that the increased number of one-bedroom units reflects a market-driven strategy to attract professionals and small households, taking advantage of the building’s prime location near transit hubs.

Amenities and Features

The project includes a comprehensive array of indoor and outdoor amenities designed to enhance the living experience for residents:

• Indoor Amenities: 969.83m² located on the second floor.
• Outdoor Amenities: 392.5m² situated on the roof, providing residents with ample recreational space and city views.
  

Transportation and Parking

Given its proximity to major transit routes, Reside on Richmond is designed to be transit-oriented, with the building located near key public transportation options. Residents will benefit from the adjacent Bathurst streetcar route, and the future King-Bathurst and Queen-Spadina stations on the Ontario Line will be within walking distance. The convenient access to transit makes this development appealing to residents who prefer an urban lifestyle with easy commuting options.

Cyclists will also have access to dedicated bicycle lanes along Bathurst, Richmond, and Adelaide streets. The project includes ample bicycle parking facilities to support this environmentally friendly mode of transportation. This emphasis on sustainable transit solutions aligns with Toronto’s urban development goals, making the project attractive to future residents who value connectivity and convenience.

Competitive Landscape

The area surrounding Reside on Richmond is undergoing a surge of development, with many high-rise projects planned or already under construction. Notable nearby projects include developments such as 655 Queen West and 149 Bathurst Street. These projects, ranging from nine to 24 storeys, contribute to the growing density and urbanization of Toronto’s Fashion District.

Challenges and Opportunities

The Reside on Richmond development offers a mix of challenges and opportunities for commercial construction firms. As a 33-storey high-rise project, it demands expertise in modern construction techniques, particularly for high-density and mixed-use buildings. The heritage integration component also presents a unique challenge, requiring precision to preserve the historical elements while incorporating them seamlessly into the new construction.

Originate Developments’ revised proposal for Reside on Richmond is a forward-thinking response to the evolving landscape of Toronto’s Fashion District. With its increased height, higher density, and emphasis on transit-oriented development, the project aligns with the city’s push for more efficient and sustainable urban living spaces. For commercial construction workers and firms, this development represents a significant opportunity to engage with innovative building techniques, heritage preservation, and transit-oriented design.

DataBid is currently reporting on this project - 164 Bathurst Street Condominium Tower - Toronto  (0007072821)