The proposed nine-storey building will have 139 residents and commercial space.
Two Mimico restaurants are among a handful of businesses facing closure as a strip mall is being considered for redevelopment.
The businesses are located at 2491 Lake Shore Blvd. W., at Mimico Avenue, in which a zoning by-law amendment and site plan approval has been filed to demolish the strip mall to construct a nine-storey mixed use building.
A number of tenants, a West Indian and Mexican restaurants, variety store, hair salon and laundromat, will be forced to leave or shut their doors as the .67-acre site is redeveloped.
The planned nine-storey building next to Amos Waites Park will change the face of the Lake Shore Blvd. W. and Mimico Avenue area.
City of Toronto official Prabhat Dahal said the application is being considered and a decision will be made “in a matter of months.”
A City sign outside the strip mall shows a drawing of the proposed building, and states it will have nine storeys, 139 residences, with 419 square metres of retail space and have space for 141 cars and 136 bicycles.
Dahal said there has been a public meeting in regards to the development.
The proposal, submitted by MHBC Planning, is designed by architects BDP Quadrangle on behalf of owners 2491 Lakeshore Limited Partnership, and would replace an existing two-storey commercial/residential building.
The tenants and businesses at 2491 Lake Shore Blvd. W. strip mall may be there on borrowed time.
The developers said the new building seeks to ‘improve the existing street scene with its contemporary architectural form and intricate mix of soft and hard landscaping.’
The proposed development of 139 residential units, will consist of 80 one-bedroom units, 36 two-bedroom units including eight rental replacement units and 23 three-bedroom units.
There will be three levels of underground parking that would provide 167 vehicle and 527 bicycle spaces. A covered driveway along the southwestern extent of the site would provide a vehicle turnaround and loading space which leads off Lake Shore.
The site is next to Amos Waites Park and a section of the building was originally a Studebaker Company car dealership. The property is considered as having potential cultural heritage value or interest and further evaluation was recommended.