8-elm-street Photo: @DavidOikawa1/Twitter

A developer wants to build an 80-storey tower atop a cluster of heritage buildings in downtown Toronto.

The City of Toronto’s planning division has received an application for an 80-storey, 469-unit mixed-use structure at 8 Elm Street, according to a tweet from a Twitter account associated with David Oikawa, the city’s planning manager for downtown Toronto.

The development would also include about 7,700 square metres of ground floor area commercial space, according to the tweet.

The site is just west of Yonge Street, between Gerrard Street West to the north and Dundas Street West just south.

Two early renderings show a narrow structure soaring above a base of adjoined red-brick buildings, known as the James Flemings Buildings.

Dating back to 1890, the three-storey commercial buildings currently at 8 Elm Street were added to the city’s inventory of heritage structures in November 2007.

“Contextually, the James Fleming Buildings support the character of Elm Street between Yonge Street (east) and Bay Street (west) where a number of heritage buildings are reminders of the development of the thoroughfare in the late 19th century,” reads a City document outlining reasons for its designation.

If approved, this new tower would be among the tallest residential buildings in Canada, a distinction currently held by Aura, a 78-storey condo development from Canderel Residential completed in 2014 at College Park.

To the north on the southwest corner of Yonge and Bloor, Mizrahi Developments is seeking city approval for The One, an 80-storey, 416-unit mixed-use tower designed by British starchitect Norman Foster’s firm Foster + Partners.

In July 2014, Mirvish + Gehry, Projectcore Inc.’s massive two-tower condo project on King Street West, received City approval. The taller of the towers is 92 storeys, while the other is planned to reach a height of 82 storeys.

BuzzBuzzHome News will continue to follow this story as it develops.

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