This week, a 1913 Beaux-Arts office building at 69 Yonge Street (here in Toronto) was conditionally approved for conversion to residential. The proposal entails preserving the existing 15-storey building, adding 6 storeys on top, and creating a total of 127 new condominium suites (14 studios, 65 one-beds, 27 two-beds, 21 three-beds, and exactly zero parking spaces).

This is noteworthy for at least 3 reasons.

One, it’s a beautiful old building and PARTISANS does great work.

Two, there’s no parking. This isn’t novel for Toronto, but it’s a good reminder that you don’t need parking in urban centers (so stop mandating it). It’s also something that you often have to accept with office conversions. If the parking doesn’t already exist, you’re probably not going to build it.

Finally, this approval demonstrates a reversal in the city’s view on office replacement. Years ago, this sort of project wouldn’t have been feasible, because the developer would have been forced to replace any demolished office space. But obviously that’s no longer the case today. And in my opinion, that’s a good thing.