Why does the site have so many units?

Posted on Mar 30, 2016 | No Comments

The plan allows for 2,071 residential dwelling units. This level of density is supported by City planning policy for Transit-Oriented Development and Urban Corridors, and will provide support for the Main Street (Urban Corridor) initiative. It will also make the project economically viable.

This is the maximum number of dwelling units, and there may be less based on market demand and/or economic considerations.

The planned number of units for the development — 2,071 — has not changed since the initial plan was developed in August 2014.  This density level reflects approval of the Green Line LRT along Centre Street N and the fact that Transit Oriented Development standards now apply to the site.

The two site concepts presented for community feedback in early 2014 contained 1,600 and 1,900 units.