The Zoning By-Law and Site Plan Application submission marks the first step of the redevelopment process. Owners Slate Asset Management and Forum Asset Management look forward to updating the community with relevant project information.
Project Description
100 Lombard is strategically situated within the Downtown Yonge East Area, a dense and mixed-use neighbourhood within walking distance of two existing subway stations, one planned subway station, the Financial District, City Hall, and Union Station.
The key design ideas of the Proposed Development include:
01. The creation of a cluster of high-value turn of the century heritage buildings, by relocating the former City morgue building to the eastern edge of the site, directly next to the heritage designated fire hall building at 110 Lombard.
02. The introduction of a new 711 square metre pedestrian connection and publicly accessible open space (the Urban Passage), which extends from Richmond Street East to Lombard Street, comprised of three smaller open spaces including the Second City Plaza, the Outdoor Gallery and the Heritage Hall.
03. The integration of a 59-storey (216m, including mechanical penthouse) mixed-use building. The design proposes to integrate the existing south elevation of 100 Lombard Street into the new podium, while adding modern office space, a mix of residential uses, and a range of residential amenities.
Renderings
Development Highlights
Project Team
Slate Asset Management
Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities.
Visit slateam.com to learn more.
Forum Asset Management
Forum Asset Management is an investor, developer and asset manager operating across North America for over 25 years. Our core purpose is to deliver Extraordinary Outcomes™️ to our stakeholders. Our adaptable, agile, and dynamic team is committed to sustainability and responsible investing, creating value that benefits the communities in which we invest. Our investment focus includes real estate, private equity, and infrastructure. The enterprise value of our assets under management currently exceeds C$1.7 billion. Our investments have attracted a number of top investors. We’re proud to have delivered in the top tier of alternative asset returns since 2002, while positively impacting over 6,000 lives.
Visit forumam.com to learn more.
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