May 2022 Update

Throughout the development process, it has been Graywood’s intention to work collaboratively with the local community to respect and honour the fabric of Toronto’s Gay Village. Discussions regarding lease extensions with all existing businesses on-site have been on-going and positive and we are pleased to announce that the Crews & Tangos lease has once again been extended until at least New Year’s Eve 2023, and the lease for Boutique Bar has also been extended. We look forward to continuing the positive, transparent working relationship we have developed with both businesses as we look to the site’s next chapter.

December 2021 Update

Based on feedback from the community and City Staff, Graywood Developments has made further refinements to the 506-516 Church Street rezoning application. Refined submission materials were submitted mid-December and will be available for download on the City’s application portal shortly: For ease of access the revised architectural plans can be downloaded on our Documents & Plans page. Graywood Developments remains committed to working with the community and plans to host an additional stakeholder engagement session in the new year; we will work collaboratively with the ward Councillor’s office to determine an exact date.

Discussions regarding lease extensions with all existing businesses on-site have been on-going and positive. We are hopeful that all three leases will be extended until at least July 2022.

April 2021 Update

Following two rounds of consultation with the Community Working Group, as well as a preliminary report at Toronto East York Community Council, Graywood Developments and our consultants have submitted an updated development application and new site plan control application to the City for 506 Church Street. Details of the resubmission are available on our Documents & Plans page.

While Graywood has submitted a new site plan application to the City, we want to reiterate our commitment to community consultation. We will continue meeting with the Community Working Group and participated in a community meeting organized by the City.

Graywood remains committed to a vibrant, mixed-use property, with street frontage animated by appropriate commercial space and the heritage conservation of 508-510 Church Street. We are proud of our record on retaining heritage properties, which includes adaptive reuse of the Weston Bread Factory in Leslieville, saving a 1902 Beaux Arts Building on Jarvis and restoring a row of heritage properties on Yonge Street, as part of our 5 St. Joseph Project.

The Project

This virtual space is a platform for the community to learn about what Graywood is proposing for 506 Church Street, provide feedback, and ask questions. 

We recognize the symbolic importance of this historic neighbourhood to many people, particularly the LGBTQ2S+ community. Graywood Developments is proud to honour the rich, cultural heritage of the Village and this address.

We know there is concern about the future of Crews & Tangos. For the time being, we have extended the lease for two years. We are also actively working with the owners of Crews & Tangos with regards to the future development. You can read our joint statement here.


  • MIX OF USES: Optimizing the opportunities of the site to include a true mix of uses.
  • VILLAGE CHARACTER: Architecture and programming that respond to the existing built form and policy direction.
  • SUPPORTING TENANTS: Ensuring current commercial tenants feel supported throughout the development planning process. 


  • BUILT FORM: 3 storeys along Church street frontage featuring the heritage conservation of 508-510 Church Street, reaching 15 storeys along Donna Shaw Lane.
  • RESIDENTIAL: 197 condominium units.
  • RETIAL & COMMERCIAL: 800 square metres of retail and/or commercial space, working to include an entertainment/nightclub venue. 
  • PARKING: 40 underground vehicle parking spaces and 209 bicycle parking spaces. 




Graywood is a Toronto-based private investment management company that specializes in the development of real estate properties of exceptional quality in Canada, as well as select markets in the United States.

Founded in 1985, Graywood provides a full range of real estate development and investment services, with a team that now includes over fifty professionals and support staff. The company’s expertise includes a wealth of services, from acquiring development sites, deal underwriting and structuring to development management, including land use approvals, project design, sales, marketing, construction management, and project financing.

Throughout its 35 years in business, Graywood has developed over 28,600 housing units in several asset classes, including residential lots, low-rise housing, mid and high-rise condominiums, hotels and retirement residences. These communities include, the landmark Ritz Carlton, Hotel and Residences, Toronto, Ocean Club, The Mercer, Five St. Joseph, Peter and Adelaide, Scoop and Scout Condos, Wonder, a Leslieville landmark, Fish Creek Exchange, and The Theodore in Calgary. Today, Graywood currently has over 3,700 units under development.

Diamond Schmitt has built a solid reputation and following as architects and designers with a portfolio of work that inspires new and better ways of living. For generations, this acclaimed Toronto-based practice, now with studios in Vancouver and New York, has transformed city life with boldness, invention and beauty. With a respect for the past and an eye to the future, projects in its portfolio include sustainable, dynamic spaces for work, living and play that transform human interaction and engagement.

ERA Architects is a Toronto-based architecture firm with satellite offices in Ottawa and Montreal. Comprised of experts in heritage conservation, adaptive reuse, planning and community building, this multi-disciplinary team has been in practice since 1990. Primarily engaged in connecting heritage issues to wider considerations of urban design and city building, and to broader cultural values, the team provides perspective to building work at different scales. ERA works collaboratively with other firms to engage in city building, conserving heritage architecture, and improving the built environment.

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