Posted May 15, 2025, 4:50 PM
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Moderator
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Join Date: Jun 2021
Location: London, Ontario
Posts: 1,284
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Here is some great news on this project from today's LFP article
https://lfpress.com/news/local-news/laws...ly-start-on-18-floor-tower-near-downtown
Looks like construction will start after Tricar finishes their Masonville project.
Quote:
An 18-storey residential tower will rise, after all, from what’s now an open pit on Ridout Street after the developer struck a deal with city hall avoiding legal action.
Tricar Group had sued the city over delays in development permits, but a changing of the guard in the city’s planning department has resulted in speedier approvals, ending the lawsuit and construction on the 160-unit tower will begin in the fall, said Adam Carapella, its vice-president of operations.
Tricar work crews will soon complete a tower in north London’s Masonville area, before moving to the 96 Ridout St. site south of Horton Street to begin work.
In 2023, Tricar sought damages for what they claimed were years-long delays in approval for the Ridout Street site. The lawsuit claimed three years after a permit was applied for in May 2021, it was not approved. Tricar also paid development fees and the permit was still not issued.
In 2022 Scott Mathers was appointed deputy city manager, planning and economic development.
“We now have a great relationship with the city,” Carapella said.
The tower will feature one- and two-bedroom condominiums for sale, anywhere from 800 to 1,600 square feet. The first three floors of the building will feature brownstone-style structures.
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