WATERLOO — A proposal has been requested for three 25-storey residential towers and ground floor commercial space to transform the landscape of Waterloo’s Northdale Neighbourhood.
The proposed 143 Columbia Street West project aims to revitalize the area and enhance its urban fabric.
The development plan outlines the construction of three slender towers, each reaching a height of 25 storeys.
The project intends to provide a mix of apartment-style residences with 591 dwelling units comprising 591 bedrooms.
Additionally, the proposal includes 118 square metres of commercial area on the ground floor.
Certain amendments to the existing zoning bylaws are being sought to facilitate this development.
These include removing the holding (H) symbol from the subject property zoning and adjusting various parameters such as podium height, tower separation distance, and tower stepback above the podium.
Specifically, the minimum required podium height is proposed to be reduced from 10.0 metres to 6.1 metres, and the minimum tower separation distance from an interior lot line is suggested to be reduced from 11.0 metres to approximately 8-9 metres for the three towers.
A geothermal system is also under consideration and subject to regulatory approvals.
In total, 162 parking spaces are planned, including surface and sheltered spaces below ground level.
Additionally, 172 bicycle parking spaces are proposed within secure bicycle parking rooms, although the current regulations do not recognize stacked bicycle parking spaces.
The site on Columbia Street West between Lester and Phillip Streets is strategically important in the city’s transportation network.
It offers easy access to public transit routes, including an iXpress route and connections to the ION light rail system.
The proposed development aims to contribute to the ongoing evolution of the Northdale Neighbourhood into a vibrant, high-density, mixed-use community.
Overall, the proposed development at 143 Columbia Street West presents a significant opportunity for mixed-use intensification, promising to reshape the urban landscape of Waterloo’s Northdale Neighbourhood in line with local and regional policy frameworks.
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