July 10, 2017
The Globe and Mail
The intersection at Eglinton Avenue and Yonge Street is increasingly busy with the addition of thousands of condo units and construction in the area. Office projects have lagged. (Jennifer Roberts/The Globe and Mail)
Since the initiation of the Eglinton Crosstown LRT construction, several condominiums have begun construction and more than 125 developments are actively in the works. However, very little of this development has included office space.
As one of Toronto’s four designated “urban growth centres”, Yonge and Eglinton is designated as an area of mixed-use development however, the current developments are predominantly residential. It is expected that a large office development will be built at the southwest corner of the intersection but the proposals have yet to be filed.
Local councillor, Josh Matlow, says that “Intensification is needed to mitigate sprawl and the junction of two rapid transit lines is a place for it.” but that we also “need more balance; we can’t keep putting people onto the Yonge subway to go to downtown jobs”
Read more: Office development scarce along Toronto’s new LRT route