3960 Riverside — development project

The proposed development is for a plan of subdivision including single detached and townhouse dwellings as well as 4 apartment buildings ranging in heights from 9 to 17 storeys and including approximately 600 dwelling units. Additional uses of semi-detached and stacked dwelling units may be incorporated before the concurrent plan of subdivision application is approved. To rezone the lands to permit the proposed /ow-rise built forms and to revise the permitted building heights to reflect the angular plane of the Airport Zoning Regulations which apply to the subject lands.

The proposed development of the subject lands is proposed as a Plan of Condominium. The purpose of the Plan of Condominium application is to establish development parcels along a private internal street that can be developed individually. In essence, the application will act as a plan of subdivision for the lands, where the streets and common areas will be maintained and owned jointly by all members of the condominium corporation. The draft Plan of Condominium proposes the creation of three units (development parcels) as well as a common element block which includes the private street and other common lands abutting Riverside Drive. Remnant lands at the north edge of the block will not form part of the Condominium and will have an easement for access across the condominium lands.