Oxford Reveals Cumberland Terrace Revamp
Oxford Properties has submitted plans to the city for Phase 1 of the redevelopment of the Cumberland Terrace site, at the northwest corner of Bloor Street West and Yonge Street. (Currently, it's home to a tired-looking, three-storey mall.) The proposed mixed-use project—designed by architects Alliance—includes three buildings: a 54-storey residential rental tower located mid-block; a five-storey, Bay Street-facing podium housing retail space and building amenities; and a smaller two-storey podium with additional retail and amenity space. The three buildings would be connected at the concourse level and via pedestrian bridges.