City council will be asked Monday to waive affordable housing requirements for the project
A southern Ontario developer is proposing to build four five-storey apartment buildings, 28 attached townhouses and a 3,600-square-metre personal storage facility at 204 South Market St.ESC Land Development Corp., represented by Todd Lisso of Caledon East, Ont., will ask City Council on Monday to rezone the property and waive affordable housing requirements that would otherwise require at least 30 per cent of the dwelling units to be affordable.
In a separate application on Monday, Tonazzo will also ask councillors to throw out the existing affordable housing policies "and replace them with a suite of new policies which staff feel represent a far more effective and appropriate approach to affordable housing, within the context of an official plan."
"Proposed amenities include two outdoor areas and a 248-square-metre daycare facility," Tonazzo says. "Overall, the required parking for the residential component of the development is 463 spaces and the applicant’s site plan proposes a total of 486 spaces." "Connections through the subject property will also provide access to an existing driveway onto South Market, which is located directly behind the shopping centre and a third access to Trunk Road, along the eastern portion of the shopping centre property, which is also owned by the applicant."
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