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General Urban Kitchener Updates and Rumours
(04-25-2016, 12:15 PM)Markster Wrote: Okay, it's thought exercise time!



That plot is zoned Commercial D-1
FSR 2.0
area: ~700m2
Max GFA: ~1400m2

No parking is required for "Commercial Entertainment, Financial Establishment (ground floor only),   Museum, Personal Services, Restaurant, Retail"; other uses at regular rates

Bonusing given for residential use at a rate of 4:1. (1m2 of res allows an extra 4m2 of other uses, above the Max FSR)

Given that parking for the residential use is not forgiven, we can now calculate the maximum building you can build here without seeking amendments.

The plot of land is 55ft wide, and 128ft long. A parking stall is 8.5ft wide and 19ft long.  You could fit a single row perpendicular of parking down the length of the property (at the basement level, accessed from Hall's Lane), giving you about 15 spaces.  That's 15 residential units allowed.  

Parking layout:


At ~600ft2 per unit, (55m2) that means 825m2 of total residential, and so 3300m2 of extra floor area allowed above the FSR, pushing the FSR to 6.7, and a total GFA of 4700m2.

The residential has a loss factor of about 40% (for hallways, common areas, etc) so that's ~1150 for the residential part of the development, leaving 3550 for commercial.

Trivially, that means a 7 storey rectangle of a building, where the first 5 floors are commercial, and the top two are residential.
However, King St requires setbacks above 3 storeys (basically along the line that the TD--er... Igloo building follows) so that means 3 storeys of full size, and tapering up to about 9, where the first 5 are commercial, and the top 4 are residential.

Kinda like this, give or take:  (Each colour band represents 1 floor, for the purposes of FSR calculation)


So that's basically the biggest you can build on the site, without asking for variances.  Which, all told, is not too shabby a building.  

Though, your elevator shaft (and residential access) will have to be at the rear of the building due to the setbacks.  That's a bit awkward.
And now you have to find commercial tenants to fill 5 storeys without any parking to offer.
And you have to sell/rent these new construction, high cost condos/apartments, (lots of elevator per unit, thanks to the terracing) in a market that doesn't yet seem ready for $1,000,000 condos.
And you have to acquire the land, which I'm sure the current owner is going to sit on until they are convinced by a sufficiently large pile of dollars.

A short description of a significant part of the life of Downtown Kitchener!
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Messages In This Thread
RE: General Urban Kitchener Updates and Rumours - by panamaniac - 04-25-2016, 12:29 PM
RE: Mayfair Hotel - by Markster - 06-09-2015, 03:36 PM
RE: Mayfair Hotel - by KWchick - 06-09-2015, 03:43 PM
RE: Mayfair Hotel - by panamaniac - 06-09-2015, 03:51 PM
RE: Mayfair Hotel - by KWchick - 06-09-2015, 03:53 PM
RE: Mayfair Hotel - by tomh009 - 06-09-2015, 04:02 PM
RE: Mayfair Hotel - by LakesidePark - 06-10-2015, 07:34 AM
RE: Mayfair Hotel - by BuildingScout - 06-12-2015, 09:47 AM
RE: Mayfair Hotel - by tomh009 - 01-16-2023, 09:09 PM
RE: Mayfair Hotel - by CedarHillAlum - 01-17-2023, 03:55 PM
RE: Mayfair Hotel - by Owen - 06-12-2015, 10:17 AM
RE: Mayfair Hotel - by panamaniac - 06-12-2015, 10:27 AM
RE: Mayfair Hotel - by neonjoe - 06-12-2015, 10:57 AM
RE: Mayfair Hotel - by tomh009 - 06-12-2015, 11:58 AM
RE: Mayfair Hotel - by tomh009 - 06-12-2015, 12:10 PM
RE: Mayfair Hotel - by BuildingScout - 06-12-2015, 12:17 PM
RE: Mayfair Hotel - by panamaniac - 06-12-2015, 02:47 PM
RE: Mayfair Hotel - by Owen - 06-12-2015, 03:11 PM
RE: Mayfair Hotel - by plam - 06-12-2015, 07:27 PM
RE: Mayfair Hotel - by mpd618 - 06-12-2015, 09:15 PM
RE: Mayfair Hotel - by DHLawrence - 06-12-2015, 09:43 PM
RE: Mayfair Hotel - by Owen - 06-15-2015, 10:38 AM
RE: Mayfair Hotel - by BuildingScout - 06-15-2015, 10:53 AM
RE: Mayfair Hotel - by panamaniac - 06-15-2015, 11:24 AM
RE: Mayfair Hotel - by mpd618 - 06-15-2015, 04:15 PM
RE: Mayfair Hotel - by REnerd - 06-15-2015, 09:54 PM
RE: Mayfair Hotel - by Owen - 06-15-2015, 10:03 PM
RE: Mayfair Hotel - by tomh009 - 06-15-2015, 10:31 PM
RE: Mayfair Hotel - by Section ThirtyOne - 06-16-2015, 11:36 AM
RE: Mayfair Hotel - by Owen - 06-16-2015, 11:41 AM
RE: Mayfair Hotel - by Section ThirtyOne - 06-16-2015, 11:51 AM
RE: Mayfair Hotel - by Owen - 06-16-2015, 12:32 PM
RE: The Glove Box | 6 fl | Proposed - by Spokes - 11-02-2018, 08:53 AM
RE: The Market Flats | 7 fl | Completed - by ac3r - 01-10-2023, 12:50 PM
RE: The Market Flats | 7 fl | Completed - by ac3r - 01-10-2023, 02:06 PM

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