Council has issued a development permit that will see another 68 units of apartment housing go up next to the complex currently being built on Dogwood Street beside Merecroft Village.
The five-storey building, the staff report recommending the development be approved says, “is consistent with the intent of the SOCP (Sustainable Official Community Plan) and addresses the development permit guidelines.”
The building site is already zoned RM-4 and, as such, can accommodate 50 per cent coverage at a maximum density of 95 units per hectare. The proposed building will only cover 18 per cent of the .724-acre site, so the 68 being proposed fulfill the maximum density requirement.
As the property has been designated as “Village Centre” in the SOCP, which, the report states, “supports the development of multi-family within walking distance of commercial uses.
Similarly, Dogwood Street has been identified as a “Major Arterial” roadway, making multifamily residential an appropriate development.
The only question raised during the approval process on Monday was by Coun. Charlie Cornfield, who wanted to know if the units were to be sold as condominiums “or does it add to our rental stock in town?”
Development Services Supervisor Kevin Brooks confirmed that the developer has said that it will, in fact, be rental housing.
No timeline is currently available on the construction of the new apartment complex.