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864-872 King St W | 55, 44, 38, 16 fl | proposed
#31
This got approved at yesterdays Planning and Strategic Initatives meeting, this still requires final council approval which should occur at the next council meeting.

There were some minor technical changes to the site which really don't change much, the way the parking structure is staff is considering it 45 floors instead of 44 floors however the height does not change. The tower itself was repositioned such that there are better set backs to the East and South property lines, the East set back makes it easier for future development of the adjacent parking lot and the southern set back allows for easier redevelopment of 850 King and phase 2 of this development. In terms of overall there is nothing major changing on the site.

The plans have confirmed it is a 3 phase development, this current tower being phase 1, the building fronting King being phase 2 and the final phase will be along Pine.

This is also going through CMHC which would require about 20% affordable housing which again is more than IZ requirements.

Councillor Stretch was the one questioning Vive on this one more than anyone else she was primarily complaining about traffic, Vive came back saying it's less than 1 per unit so while the building may be 450+ units it does not mean there will be 450 cars, there are only 270 spaces so its more realistic to look at that value. Stretch's second complaint was with construction traffic since the development on the other side of Pine has been using the local roads for access, in this case the residents were citing cement trucks at early hours or having lines of trucks on Pine/Herbert, in this case however that was primarily for raft slab pours where you need a constant flow of concrete but the King/Pine site is a lot more constrained then this in terms of staging areas which is why they need to use the route that they use through the neighbourhood. Anecdotally I was doing work on Union a few months ago and Stubbe's trucks were coming once an hour or so, it really wasn't horrific in any regard.

Stretch also asked if Waterloo could be informed but staff said it is not a requirement since it is not within the 120m radius (thankfully) of the site. A lot of the complaints from the public were traffic/height, one resident who delegated called the King/Pine building under construction making the area cavernous, in this case the Vive property is SGA 4 so there's no height limit so it's really just the  NIMBY nonsense.
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RE: 864-872 King St W | 55, 44, 38, 16 fl | proposed - by ZEBuilder - 10-30-2024, 05:49 PM

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