Two housing developments, each containing dozens of new homes, have been given the green light by öÏÓãÊÓÆµapp’s city council.
At its Dec. 12 planning meeting, city council unanimously and without debate approved applications for two projects: one from the Windmill Development Group for 353 units, split between two 15-storey towers, as part of the Baker District redevelopment downtown; and another from Reid’s Heritage Homes for 136 townhouse units at 331 Clair Rd. E.
Both developments were the subject of a public meeting in front of city council in October. In reports released earlier this month, city staff had recommended both projects be approved by council.
As previously reported by the Mercury Tribune, the Baker District project will be built on the same land as the city’s new central library, construction of which began earlier this year.
Windmill’s Stuart Cooper told council at that October session the north tower is currently slated to be condominiums, while either that or purpose-built rental is under consideration for the south tower.
At that same meeting, Hugh Handy from GSP Group said there are plans for a gym, party room and outdoor terrace on the second floor overlooking Wyndham Street North for the north tower, while the south tower would have a coworking space on the ground floor and a terrace on the second floor overlooking the public square.
Part of the property — at the north corner of the site, where Park Lane and Baker Street intersect — is being designated as a site for future development, with stacked townhouses currently under consideration.
According to staff, the city stands to collect just over $9 million in residential development charges, $92,477 in non-residential development charges, and $397,500 in community benefit charges, along with between $1 million and $1.5 million annually in property taxes.
The Reid’s project in the city’s south end, meanwhile, will see a mid-19th-century stone farmhouse on the property relocated on site and reused as part of the future development.
With this project, staff say, the city expects to collect between $2.97 million and just under $4 million in development charges, along with $400,000 and $500,000 annually in property taxes.
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