On September 18, 2023, the City and Appellant reached a settlement on the final planning instruments.
The Settlement Proposal was based on the following revisions:
a. Three tower elements set on two distinct four storey building podiums, with tower heights of 45-storeys and two 38-storeys towers.
b. Up to 1,250 residential units, a total Gross Floor Area (“GFA”) of 110,431 square metres (“m2”)., including a residential GFA of 101,394 m2, a nonresidential GFA of 9,037 m2, and a total density of FSI of 10.0.
Ms. Hare reviewed the Settlement Proposal consisting of redeveloping the Subject Property into an urban high-density mixed-use development set within an enhanced public realm that includes streetscaping and gathering spaces animated by retail, grocery, commercial, fitness, day care, and restaurant facilities within three tower elements set on two distinct four-storey building podiums. The following are key elements of the redevelopment:
a. The podiums include structured parking (above-ground parkade) of a maximum height of three-storeys measured from grade and will be partially lined with active uses or architecturally integrated treatment.
b. The maximum height of the eastern tower element will not exceed thegreater of 45-storeys or 169 metres (“m”) measured from grade. The maximum height of the remaining tower elements will not exceed the greater of 40-storeys or 150 m. The maximum floor plate sizes for the non podium floors will be up to 850 m2
c. The maximum proposed overall site density will not exceed 10 FSI
d. The maximum proposed GFA will be 110,431 m2. The GFA calculation excludes any structured parking (above-ground parkade). The proposed development includes the following GFA breakdown: i. Residential and amenity uses of a maximum GFA of 101,394 m2.ii. Non-residential uses GFA (including, but not limited to commercial, retail stores, and day care uses) of a minimum of 9,037 m2
e. Up to 1,250 residential units, composed of a mix of studio to three-bedroom dwellings are proposed. 100 residential market rental units, to be located within Phase 2 of the development, are proposed, and will be composed of a mix of studio to three-bedroom dwellings.
f. A parking ratio of a minimum of 0.6 spaces/unit for residential uses, 0.1spaces/unit for visitors, and 1 space/100 m2 for non-residential GFA is proposed.
g. A bicycle parking ratio of a minimum of 0.8 long-term spaces/unit and 0.2short-term spaces/unit for residential uses and 0.2 long-term spaces/100 m2and 0.15 short term spaces/100 m2 for all other non-residential uses.
h. Phase 1 of development will include a 45-storey tower, which will include underground parking levels, situated at southwest corner of Highway 7 and South Town Centre Boulevard.
i. Phase 2A of development is proposed to include a 38-storey tower and the western podium building, including both structured parking and underground parking levels.
j. Phase 2B of development is proposed to include a 38-storey tower located on the shared western podium.
The Tribunal is satisfied that the Settlement Proposal and the requisite OPA and ZBA constitute good land use planning and are in the public interest.
The Tribunal allows the appeals and approves the OPA and ZBA instruments
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