[jeddy1989]

Hopefully we will hear more about this soon

Rezoning Expected for Glencrest Development

The area of land on which the $5 billion Glencrest development will sit is expected to be rezoned during tomorrow's weekly St. John's city council meeting. Glencrest, one of former Premier Danny Williams' latest projects, will be made up of 62 per cent residential properties - spanning over 1000 acres, 17 percent will be used as industrial space, with the remaining land used for commercial properties and open space.

The city's planning and housing committee met with representatives from KMK Capital Inc. earlier this month to discuss plans for the land, which will be served by a network of arterial, collector and local roads running from Ruth Avenue Extension, the future extension of Southlands Boulevard, and the Trans-Canada Highway. The committee is recommending that the city not conduct a public hearing as there are no residents in the immediate area, and that a meeting be arranged with neighbouring Mount Pearl to keep them up-to-date with the project.

http://www.vocm.com/newsarticle.asp?mn=2&id=32127