CAMBRIDGE — Following a meticulous review and thoughtful consideration, the proposed redevelopment plan for the existing textile factory at 211-215 Queen Street West in Cambridge, Ontario, has officially received approval.
Blacks Point Development’s ambitious vision to rejuvenate the site into a mixed-use development has been granted the green light, marking a momentous milestone for urban revitalization efforts in the city.
The approved plan involves a comprehensive overhaul of the site, which includes the preservation and renovation of the former three-storey textile factory.
The historic structure will be converted into 114 condominium units, with ground-floor commercial space, breathing fresh life into its storied history.
In addition to repurposing the textile factory, three existing one-storey buildings will be utilized for commercial purposes, further enriching the area’s economic landscape.
The second phase includes constructing a 10-storey residential building.
The new addition will offer 115 units, with the first two floors dedicated to parking. There will be 279 commercial and residential parking spaces, ensuring convenience for residents and visitors alike.
Situated on approximately 2.44 hectares (6 acres) of land adjacent to Queen Street West and the Speed River, the site’s irregular shape poses unique design challenges that the approved plan effectively addresses.
The redevelopment project will also incorporate a waterfront trail development, enhancing recreational opportunities and the area’s aesthetic appeal.
Amendments to the City of Cambridge Official Plan and Zoning By-law have been successfully approved to accommodate the project’s unique requirements.
The amendments include adjustments to building setbacks, parking ratios, and zoning specifications, all carefully considered to align with the city’s vision for regeneration and renewal in designated areas.
In summary, approving Blacks Point Development’s textile factory redevelopment represents a significant stride in Cambridge’s ongoing mission to repurpose underutilized industrial land.
The project meets the growing demand for housing and commercial amenities and aligns with the city’s broader objectives of fostering vibrant, sustainable urban environments for its residents.
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