Posted Jul 5, 2011, 1:48 AM
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Join Date: May 2011
Location: Toronto
Posts: 2,213
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Waterloo, Ontario development news
http://theimprint.ca/archives/3379
Developer floats massive student apartment complex
Jun 30 2011 in News by Greg Beneteau, Editor-in-Chief
Proposed project on Phillip Street would include retail space, house 2,255 residents
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According to plans submitted to the Federation of Students by Markham-based JD Development Group, the proposed
complex at 256 Phillip Street would consist of five multi-storey buildings arranged around a central courtyard.
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The two street-facing buildings, each 20 storeys high, would have retail and commercial space on the ground floor, with the possibility of more in the basement. Two additional 24-storey buildings and a 25-storey building would be constructed behind them.
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The buildings, targeted primarily at students, would accommodate up to 2,255 occupants. If constructed, it would one of the tallest and most populated apartment complexes in the city.
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Matthew Colphon, president of the Federation of Students, said he was contacted by UW Housing Services at the beginning of June because the developer was looking for information about “what kinds of amenities students might want to see in that space.”
The subject was brought up at the Feds student council meeting June 12, and councillors have been making inquiries with constituents through Twitter and Facebook, Colphon said.
Based on the replies received, “things like a coffee shop, pharmacy or grocery store were all top options,” he said.
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“Having some high-density corridors—like along King Street, like along University and perhaps like along Philip Street—if someone wants to do that, it’s not exactly surprising, because that’s what city policy has been for six years,” he said.
He added that, under current zoning bylaws, buildings up to 25 storeys tall could be built in the area, provided the developer demonstrates that it can accommodate parking, landscaping, sewage and other service requirements.
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The proposal comes amidst a sell-off by local landlords angered by recent changes to rental housing bylaws, and raises questions about whether the future of student housing in the city will be focused more on large-scale projects.
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