The Ontario Land Tribunal approved the zoning for a 14-storey, 227-unit building for 186 Hunter Street East during a settlement hearing on Wednesday.
Twenty-five (25) percent of the units in the building will be affordable.
The City of Hamilton and the developer – LiUNA’s Wellington Hamilton Non-Profit Housing Inc. – held mediation talks during the summer and agreed to increase the height of the building in exchange for tower stepbacks above the eighth and twelfth floors.
The building will include 45 underground vehicle parking spaces and 123 long-term bicycle parking spaces.
The developer will give the City of Hamilton $80,000 towards the City’s “active transportation measures.”
Affordability Based Upon 60th Percentile of Average Income
The affordable units, “no less than 25 percent,” will have rent set at “30 percent of household income for the 60th percentile of incomes in the area.”
Hamilton’s 60th income percentile in 2021 was $92,600 per year. A rent of $2,315 per month meets this criteria.
The units must remain affordable rentals for at least 20 years.
Original Proposal
The original proposal, submitted on September 23, 2021, was for a 12-storey building with 102 units. At one point during negotiations, after the developer filed their OLT non-decision appeal in
The OLT written decision was issued on January 30.
Production Details v. 1.0.1 Published: December 7, 2023 Last edited: February 7, 2024 Author: Joey Coleman Edit Record v. 1.0.0 original version v. 1.0.1 added link to written decision posted to CanLII
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