A proposed high rise-development that includes two 30-storey towers, a 35-storey tower, a nine-storey building and a 40-storey tower to be built beside the Holiday Inn in the Orléans Town Centre, will come up for consideration during the city’s planning and housing committee meeting on May 20.
A proposed high rise-development that includes two 30-storey towers, a 35-storey tower, a nine-storey building and a 40-storey tower to be built beside the Holiday Inn in the Orléans Town Centre, will come up for consideration during the city’s planning and housing committee meeting on May 20.
The proposed development has been in the planning stages since at least January, 2022. That’s when the Toronto real estate and development company, the Bayview Group, bought the former YMCA building on Centrum Blvd. and the land around it encompassing 2.2 acres in total.
But it wasn’t until a year later that the Bayview Group first unveiled it’s plans to build the four high rises, plus an additional high rise to replace the YMCA building that has yet to be submitted to the city for rezoning.
The Bayview Group is proposing to build the 30-storey tower flanked by a nine-storey building first, followed by the 35-storey building.
The 30-storey and nine-storey buildings will contain a mix of 375 condo units and rentals along with ground floor commercial and retail space.
As proposed, the 35-storey tower would contain 31,000 square feet of office space. Exactly when it would be built would depend on Bayview’s ability to secure commercial leases.
The same goes for the second 30-storey tower and the proposed 40-storey building. The construction dates for both buildings would depend on demand. Ditto for the plans to replace the YMCA building with a fifth high rise tower.
The development site falls within the area earmarked for intensification under the Orléans Corridor Second-ary Plan and the City’s desire for high density development near the future LRT stations along the east end extension of the O-Train.
Residents concerned with the impact the high rise development might have on the surrounding community had until March 25 to submit their concerns with the city’s planning and housing department.
Those comments will be included in the staff report to be submitted to the committee on May 20.
The committee is expected to vote on the proposed rezoning application, which will then go before city council for final approval at a later date.