The image below shows all the Lafford properties in the Foundry Street/Albert Street neighbourhood:
He really seems to want to build a critical mass of high density residential properties in this neighbourhood. The more such properties there are in close proximity to one another, the more likely they will develop a form of synergy ensuring mutual success. Another term for this is
gentrification.
Some people think of gentrification as an evil - as an attempt to displace pre-existing residents to allow for an upscaling of the ambiance and quality of the nneighbourhood. I am a little sympathetic to this, but, at the same time, I view this opinion as an oversimplification. Sometimes a critical mass is necessary to ensure that positive change can occur. I think this is what is happening here. Other residential highrises in the immediate vicinity will be necessary to ensure the longterm viability of the Three Sisters.
-
Three Sisters - 3 x 15 stories on a common commercial podium with a total of 450 residential units.
-
One Foundry - at least one 20+ storey building. If the NB Power lot next door is acquired as well (as I indicated on the image above) the development cold be larger. I have heard that this could end up being 2 x 24 storeys, but, this rumour is completely unsubstantiated.
-
10 Horton Lane - if Horton Lane itself is actually included in this lot, the, yes, the property is large enough for a single Three Sisters type tower, and there is a rumour out there of a 15 storey building being proposed. This might end up crowding adjacent properties, and possibly not be as appropriate as a more midrise building in the 10-12 storey range, but, we will just have to wait and see.
Threaded Mode