KITCHENER — Charcoal Properties Limited has unveiled plans for a significant mixed-use redevelopment at 2980 King Street East, located on the northwest corner of King Street East and Fairway Road South in Kitchener’s Centreville Chicopee Neighbourhood.
The project aims to rejuvenate a key site currently occupied by several restaurants and a parking structure, heralding a substantial shift towards residential and commercial intensification in the area.
The proposed development features a prominent 32-storey residential tower complemented by a 12-storey mid-rise segment, both situated atop a six-storey mixed-use podium.
The ambitious structure is designed to accommodate 436 residential units along with ground-floor commercial spaces, intended to enhance street-level interaction and contribute to the area’s urban fabric.
The project includes a total of 1,699 square meters of amenity space, comprising a common amenity terrace on the podium’s rooftop and indoor amenity areas on the first and sixth floors.
Additionally, each residential unit will feature private balconies. Strategically located just outside Kitchener’s Major Transit Station Areas (MTSA) but within the Urban Corridor, the development benefits from excellent public transit access.
The nearby CF Fairview Mall serves as a major transit hub, offering connections to multiple bus routes and the ION LRT station, all within a 15-minute walk, ensuring convenient access for residents and visitors alike.
Public transit options servicing the area include bus routes 1, 6, 7, 8, 10, 12, 23, 27, 28, 110, 301, 302, and 206.
The CF Fairview Mall LRT station provides access to broader regional destinations.
The development will incorporate 288 parking spaces distributed across one level of underground parking and a five-level structured parking facility integrated within the podium.
The parking structure includes 11 barrier-free spaces and provisions for electric vehicles.
Notably, surface parking is not included in the plans, aligning with the city’s objectives for urban density and pedestrian-friendly environments.
Additionally, the project proposes 286 secure indoor bicycle parking spaces and six outdoor spaces, promoting active transportation among residents.
To proceed with the development, Charcoal Properties Limited seeks amendments to both the Official Plan and Zoning By-law.
Currently designated ‘Mixed Use’ and zoned ‘Mixed-Use Two’ (MIX-2) with Site-Specific Provisions, the subject lands require new policies and regulations to accommodate the proposed density and height.
The requested amendments include:
● An increase to the Floor Space Ratio (FSR) to 11 from the permitted 4.0.
● To permit a building height of 32 storeys (approximately 103 metres), surpassing the current limit of 12 storeys (36 metres).
● A reduction in the rear yard setback to 3.5 metres from the required 7.5 metres.
● An adjustment to the parking requirements to 0.75 spaces per residential unit and eliminating parking requirements for non-residential uses.
The redevelopment aims to revitalize the underutilized site currently occupied by a low-rise commercial building and shared parking structure.
With its proximity to major transit options, retail amenities, and urban services, the proposed project aligns with the city’s goals for intensification and the creation of complete, walkable communities.
Comment Disclaimer:
The views and opinions expressed in the comments section of this blog are solely those of the individuals who submit them and do not necessarily reflect the opinions or beliefs of the author or the website owner. We do not endorse or support any comments that may be offensive, discriminatory, or harmful in nature.
We encourage open and respectful discussions and welcome diverse perspectives. However, it is important to remember that comments are the personal opinions of the commenters and not official representations of our stance or values. We reserve the right to moderate or remove comments that violate our comment policy or that we deem inappropriate.
Please engage in discussions with courtesy and respect for one another, keeping in mind that differing opinions can coexist in a constructive manner. Thank you for being a part of our community and for helping to maintain a positive and inclusive environment.
