The Shannondale (née Electrohome, 152 Shanley St) | 8 fl | U/C

[Nextasy]

This proposal is for the factory site at 152 Shanley Street (Google Maps).

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Background

If you'll recall, this site has long gone unused. Back in the early 1990s a speculator bought it from a signage painting company. At the time the site held a large 4-storey factory dating back to the 1800s. 

The site is contaminated and the speculator (Andrew Spylo) let it sit unused for nearly 30 years. Taxes and maintenance were ignored and the site rotted while the city performed basic property maintenance and sent the owners the bill. They never responded or paid.

Then in 2017, the city took possession of the property and posted a 1.1 million dollar tax sale. This was to cover backtaxes, interest, everything that previous owner owed (and to hopefully find a developer to fix the crumbling building). There were no takers though, so the city wrote off everything except the bare minimum backtaxes and relisted for $422k in 2019. Spylo at this time used a loophole that allows the current absentee owner first dips on the sale, and "repurchased" the property for $422k, avoiding the remaining money owing to the city.

Eventually, the City ordered him to demolish the building as it had been neglected long enough to become unsafe (and previous orders to undertake repairs had been ignored). It's now a vacant lot. This had been avoided for a long time as the property was heritage designated, but it deteriorated to the point that an immediate order was issued in the interest of public safety.

Finally, in late 2019, Spylo sold the building to Shannondale in late 2019. Which is where we are now. They also own the neighbouring house (134 Shanley) and are including the property in the development.

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Proposal

The Shannondale proposal is an 8-storey, residential building, with one level of parking beneath. The ground floor is to be double-height with mezzanine, with seven floors of residential units above.

The units:

• 73 1-br Units (avg 573 sf)
  
• 57 1-br+d units (avg 673 sf)
  
• 42 2-br units (avg 839 sf)
  
• 172 Total
  
• 14 of the above to be street-accessed "townhouse" units
  

The parking (assuming change proposal is approved):

• 111 Resident Spaces (required: 183)
  
• 17 Visitor spaces (requried: 37)
  
• 26 of the above to be EV
  
• 16 of the above to be surface (behind the building, the rest underground)
  

• 90 Long-term bike spaces
  
• 6 visitor bike spaces
  

All plans, documents, etc can be found here

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SITE PLAN