The property is presently designated to be zoned Mixed Use Medium (C5) with a height limit of 22 metre, but close to a GO Station, and on a major arterial road. There are existing 14 and 21 storey buildings across the street from the property.
Keesmaat is looking for her first project, the City is looking for a partner, $9.51-million is already on the table – plus the value of the land – as the municipal contribution, planning approvals are effectively guaranteed, the City already has policies in place to waive application and development charge fees.
Lime Ridge Mall owner Cadillac Fairview wants to create a restaurant district as part of their redevelopment of the former Sears store that anchored the north side of Hamilton’s largest indoor shopping centre.
McMaster’s appeal is one of over a dozen in Hamilton by development applicants seeking to protect their interests under the more developer friendly OMB rules rather than risk having to appeal under the new LPAT rules.
J.A.N. Group Inc filed an appeal to the Ontario Municipal Board on their application for a four storey residential building at 261 King Street East in Stoney Creek. The site is located west of Green Road.