10-16-2023, 08:30 PM
Council didn't approve this tonight and are deferring it to a special council meeting on October 30th. October 30th is the last day they can legally approve or deny it without refunding half of the application fee. I went and looked back at the recent applications and its interesting to see that Vive's 50 Borden proposal hasn't come to council yet since it came before this proposal, it makes it seem as if there is a redesign to some degree happening.
The new building that Vive brought forward tonight is for a 32 floor building with 441 units up from 336, of these 24 are affordable (80% market rate). There are also some accessible units proposed. The buildings FSR would go from 14 up to 18. 18 is by far one of highest FSRs in a Kitchener development, the two 50+ floor building on Borden only have an FSR of about 16, the only one I could find that is denser just from scanning the applications quickly is Vanmar's 55 floor building.
The new building that Vive brought forward tonight is for a 32 floor building with 441 units up from 336, of these 24 are affordable (80% market rate). There are also some accessible units proposed. The buildings FSR would go from 14 up to 18. 18 is by far one of highest FSRs in a Kitchener development, the two 50+ floor building on Borden only have an FSR of about 16, the only one I could find that is denser just from scanning the applications quickly is Vanmar's 55 floor building.