This report presents for Council's consideration fourth and final reading of Zoning Amendment Bylaw No. 4893,2018, Housing Agreement Bylaw No. 4964,2019, Highway Dedication Cancellation Bylaw No. 4965, 2019, and the approval of Development Permit No. 17 160477 DP to:
• Permit the development of a 51-storey mixed-use tower consisting of 431 residential units and seven commercial retail units (CRU's).
• Enter into a Housing Agreement with the applicant to provide a minimum of 113 market and 15 non-market rental units to be operated and managed by a housing society or other similar entity approved by the City (Attachment 5).
• Finalize the sale of a 290.4 sq. m. (3,100 sq. ft.) portion of the surplus lane at the northeast portion of the site, which is to be acquired by the applicant and consolidated as part of the subject site (Attachments 4 and 7).
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