Proposed development which saved edifice of old bank branch
The swift, almost covert demolition over the weekend of a century bank branch at Yonge St. and Roselawn Ave. has stunned and infuriated area residents and members of the City Planing Department. The plan for the development at 2444 Yonge had been hailed as an ideal mix of new and old a year or so ago. But instead of proceeding to final approval with the scheme, which retained edifice of the venerable Bank of Montreal Building at the heart of a new office complex, the plan was withdrawn. During this period, the property was sold by the original developer. Then a seemingly lightning application to demolish the not yet fully protected heritage building was quickly approved by the Building Department. The careless oversight has shocked residents in Lytton Park and left the Planning Department speechless.
