50 Borden Ave S | 51, 57 fl | Proposed

[tomh009]

So if this gets approved, but then Vive sits on it, does Kitchener get penalized for not having this building start?

The simplest answer is yes. If a municipality meets it's yearly target for units under construction they get a certain amount of money. However if the municipality approves the units but the developer sits on it the municipality doesn't get anything. So in the case of Kitchener in 2023 the number of approved units (SPA and OPA/ZBA) met the province's target but because developers are sitting on units the city gets penalized and gets nothing.

Yes and no ... the provincial government's targets don't care at all about approvals, only starts. So, whether this is approved or not doesn't make any difference, the only thing that matters is the construction start.

[ZEBuilder]

This project is back from the the OPA/ZBA purgatory with it going to the Planning Committee this week with approval recommended. There isn't anything visible in the documents that caused the delay, NAVCan gave the okay in October 2024 so nothing airport related was holding this up. All the other city departments had given the okay before then so something weird was happening here.

There have been some first and second floor changes in the plans with retail units moving around along Borden with corresponding driveway off of Borden but beyond that there isn't anything that has changed substantially.

[nms]

Is this project affected by the current water supply crisis?

[ZEBuilder]

Is this project affected by the current water supply crisis?

Yes, it won't be going forward anytime soon with it still needing to get SPA. When it goes to SPA a condition is typically getting a servicing agreement which for all intents and purposes isn't happening right now. The city is working on a bylaw on how they're going to give out water to new developments once the Region starts providing additional capacity and it's going to Council in early June, so we'll potentially see new developments starting but the who and when isn't known at this point, either way it won't be this.