The development project at 1640-1660 Carling Avenue in Ottawa is a significant undertaking by RioCan REIT. Here are the key details:
- Approval Status: The city’s planning and housing committee has approved a zoning bylaw amendment, allowing the height limits on the property to increase from 9 storeys to 40.
- Project Overview: The project involves constructing six mixed-use towers ranging from 18 to 40 storeys on a five-and-a-half-acre site. This site is currently occupied by a former Canadian Tire store and a Boston Pizza restaurant.
- Residential Units: The development is expected to contain over 1,700 residential units, ranging from studios to three-bedroom suites.
- Rental and Condo Mix: The plan includes four rental buildings at the north end of the property, with heights of 40, 37, 28, and 24 storeys, and two condo towers of 18 and 20 storeys at the south end.
- Public Spaces: The proposal includes a small public plaza and a half-acre public park.
- Parking: An underground parking garage with spaces for 896 vehicles is planned, despite the current zoning rules requiring a minimum of 1,156 parking spaces for a project of this size.
- Construction Timeline: The construction will not start until 2026, with the last update being in July 2024.
