A block of Dundas Street West could soon be the site of a major transformation, with a 29-storey tower proposed to replace a stretch of buildings that includes a couple of local businesses.

Fairway Developments has filed plans with the City to redevelop a group of one- and two-storey buildings spanning 2461 through 2475 Dundas Street West, located a short distance north of Dundas West subway station and the Bloor GO/UP Express station.

The proposal seeks to tear down the existing structures and replace them with a 29-storey mixed-use development featuring a design from architects BDP Quadrangle which references the surrounding architecture with a red brick-clad base. A tower featuring a grid of lighter brick finishes will distinguish the tower from the base below.

According to planning documents, a total of 279 condominium units are proposed, along with nine rental units to replace those that would be lost to teardown in accordance with the City's rental demolition policies.

But it's not just those handful of residents who would be displaced in the coming years. Among the properties slated for demolition are buildings occupied by sandwich shop Phancy's Bodega and cafe Hula Girl.

While this may come as a shock to local residents, including tenants of the buildings on site, such proposals typically take some time to navigate the City's planning and approvals process.

Even if approval is granted, the developer must sell the majority of the proposed condo units to secure financing, meaning that this redevelopment could be several years down the road.

Businesses may be displaced in the inevitable redevelopment, though the project does indeed propose space to support future street-fronting stores or restaurants, with a retail component of just over 360 square metres.

A 29-storey tower might seem like an alarming height increase over what exists today, but this proposal is just one of many planned to transform this area in the coming years as developers take advantage of new planning policies promoting vertical intensification near major transit hubs.

This transit reliance also means locals will have less added traffic to contend with than a typical condo of this size, with plans calling for just 38 parking spaces in a three-level underground garage, along with spaces for almost 330 bicycles.