[ScreamingViking]

Sales for the tower to begin later this year, with construction planned in 2024.

I hope this focus on the 45-storey condo won't mean the rest of the development stalls. I'd prefer to see the 6- to 9-floor blocks go in first, but this underground parking issue would need to be resolved before that happens.

And what are the odds the developer tries to go taller on the rest of the pier? Or sell to one that would? Building the tower first may enhance the case for others on this land, which is precisely what many people fear will happen to our waterfront.


Sales for condo tower on Hamilton’s Pier 8 will open by end of year: developer
Long-planned waterfront units will be marketed in new showroom as consortium and city agree to Discovery Centre lease

https://www.thespec.com/news/hamilto...velopment.html

Sebastian Bron
The Hamilton Spectator
Thu., April 13, 2023



Development of a splashy 1,500-home harbourfront neighbourhood on Pier 8 is making headway.

Waterfront Shores recently signed a lease with the city to use a portion of the Discovery Centre as a showroom and sales centre for its long-awaited, 45-storey condo project, according to a report bound for the west harbour subcommittee Friday.

The lease marks an important step forward in the consortium’s plans to redevelop the city-owned former industrial pier into 1,500 condo apartments and townhouses, said Joe Valela, president of consortium partner Tercot Communities.

Valela said building permits to modify the leased space into a showroom featuring vignettes of condo designs will be filed in the next few months. Its completion and opening will see sales begin later this year, he added, with construction planned for 2024.

“We now have all the pieces that we need and we’re very pleased with where we are,” Valela said over a call.

Meanwhile, according to the subcommittee reports, the city is currently in discussions with the consortium to explore the feasibility of a public parking component within its residential development.

One such measure would be to consolidate underground parking between development blocks, in turn providing “a better functional design of the neighbourhood and provide an opportunity to incorporate public parking into the underground structure,” the report states.

A layout for potential parking improvements at the Pier 8 development will be considered by the general issues committee April 19.

The subcommittee reports also included several other updates to the city’s $140-million plan to transform the west harbour into a vibrant commercial and mixed-use village.

Construction of Gateway Park, for example, will begin this summer and finish by the end of 2023. The triangular-shaped space stretches northward from Discovery Drive to the new Haida Avenue, complementing already completed projects like the Pier 7 board and boat slips.

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