Public Meeting. Public Meeting May 17, /17/2016 PB File #520-01/16 Delegation presentation

Transcription

1 PB File #520-01/16 Delegation presentation Public Meeting Choice Properties REIT Proposed Commercial Development 2025 Guelph Line May 17 th, 2016 Public Meeting May 17, 2016 Introductions Site Context and Surrounding Area The Developer 1

2 Public Meeting May 17, 2016 Introductions Site Context and Surrounding Area The Developer Site Context Subject Lands Comprised of 1 property (2025 Guelph Line) 6.84 hectares/16.89 acres in size (total) Existing stand-alone Shopping Centre development (approx. 190,000 sq ft) containing Fortinos, LCBO, Beer Store, Giant Tiger, etc. Access from Guelph Line, Upper Middle Road, Uplands Drive Surrounded by mix of residential, commercial, institutional, and open space uses 2

3 Site Context Subject Lands Site Context Subject Lands 3

4 Site Context Subject Lands Public Meeting May 17, 2016 Introductions Site Context and Surrounding Area The Developer 4

5 The Developer CP REIT is an owner, manager, and developer of retail and commercial real estate across Canada. Portfolio includes 519 properties consisting of 41.6 million sq ft of GLA. Principal tenant is Loblaw Companies Limited, Canada s largest retailer. CP REIT is internally managed, operated and led by an experienced management team with a strong understanding of, and vast operating experience in the Canadian real estate sector and public markets. Public Meeting May 17, 2016 Introductions Site Context and Surrounding Area The Developer 5

6 Three (3) new stand-alone building pads within SE corner of subject lands. Four (4) units consisting of potential restaurant (C/E) and retail uses (D/F) with a combined floor area of 14,000 sq ft. Buildings positioned in close proximity to Upper Middle Rd and Upland Dr frontages. 902 on-site parking spaces provided (830 during garden centre operation). Relocation of Uplands Dr access to allow for improved site lines. Increased landscaping opportunities along Uplands Dr. 6

7 Current view facing north along Upper Middle Road 7

8 Proposed view facing north along Upper Middle Road Current view facing northwest at Upper Middle Road & Uplands Drive intersection 8

9 Proposed view facing northwest at Upper Middle Road & Uplands Drive intersection Subject lands are ideal for the type of development proposed due to ample land area, as well as good access and visibility from Guelph Line and Upper Middle Rd; Proposed use is contemplated within the Community Commercial designation; permits a wide range of large and small scale commercial uses in free-standing buildings; Placement of proposed buildings fronting on to Upper Middle Rd will enhance streetscape and pedestrian circulation; Introduction of new uses will enhance the viability of the shopping centre, allowing it it to remain competitive in the marketplace; Expansion of the shopping centre is an appropriate form of intensification; will make efficient use of lands; and can take advantage of existing services and infrastructure; Type of development proposed already exists in the area and there are no known adverse impacts on surrounding land uses; compatibility issues (i.e. noise, traffic) will be dealt with in more detail at site plan approval stage; Increase in traffic and reduced parking supply are deemed sufficient through Traffic Impact Analysis. 9