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Group of Toronto buildings to be torn down for huge condo tower

A block of beat-up old storefronts on Toronto's Queen St. E. could soon be razed to make way for yet another high-flying condo tower.A new development application filed with the City of Toronto in late November spells the potential end for a block of low-rise retail properties spanning 329-345 Queen St. E., just west of Parliament Street.Developer Generation Capital has applied to bring a soaring 49-storey tower to the site, a redevelopment scheme requiring the demolition of existing vacant properties.The project features a minimalist design from design architects—Alliance, which would rise just over 162 metres above Queen St. E. if approved as currently proposed.A total of 545 new homes are proposed within the tower, primarily planned as condo units incorporating seven existing rental units, which would be lost to demolition.While most of the block would indeed be reduced to rubble, the proposal would retain the existing three-storey building at 339-345 Queen Street ...


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