LONDON – A zoning amendment requests for a revised application to develop a 16-storey, 325-unit residential apartment building with 121 underground parking spaces at 200 Albert Street.
The original planning application submitted on December 14, 2022, included a 12-storey, 257-unit residential apartment with 146 parking spaces. The applicant has revised the proposal since then.
The subject lands are currently used as a surface parking lot and are located within the Rapid Transit Corridor Place, close to London’s downtown area and Richmond Row, and have an area of 0.35 hectares.
Fahri Holdings Corporation, the developer and owner of the land, owns and operates over 50 million square feet of retail, oce, residential, and hospitality space in Ontario.
The current zoning for the property is Residential R10/Oce Conversion/ Temporary (R10-3*H24/OC7/T-70) Zone. The current zoning
allows for apartment buildings, continuum-of-care facilities, medical/dental oces, restaurants, surface parking, and more.
The current zoning also states that the surface parking lot is temporary and permitted for up to three years. Fahri extended it on May 25, 2021, but now Fahri plans to develop the land and requests to remove the temporary parking zoning.
The current zoning only allows for a density of up to 250 units per hectare and approximately eight storeys in height (24m).
Fahri requests a Zoning By-law Amendment to change the zoning to Residential R10 Special Provision (R10-3(_)) Zone. This zoning removes the temporary parking use (T-70) and the OC7 zoning use, which is the business services use.
The proposal requests an increase in residential density of 926 units per hectare and a building height increase of up to 56m (16-storeys).
Fahri requests special provisions for setbacks and density on the property. These provisions include a front yard setback of 3.0m from the required 10.0m and interior yard setbacks on the east and west of 3.0m, where 17.4m is required.
More special provisions include a minimum rear yard setback of 8.0m from the required 17.4m and an increased density request of 926 units from the allowed 250 units per hectare.
More information will be available once the city has reviewed the revised planning report from Fahri.
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