WATERLOO — 2115881 Ontario Limited Holding has submitted a comprehensive proposal for the development of 556, 560, and 576 Conservation Drive, spanning a timeline of eight years with four submissions, the latest being in December 2023.
The proposed development envisions transforming the landscape into a vibrant residential community featuring 478 residential units, a mix of single detached dwellings and townhomes.
The development plan also includes essential amenities, including a proposed new public elementary school, parks, a stormwater management block, and protected open space.
The total number of parking spaces has yet to be finalized. GSP Group Inc. has been tasked with coordinating the submission of applications for the Draft Plan of Subdivision and Zoning By-law Amendments for the property.
The plan aims to accommodate future residential development while integrating green spaces, educational facilities, and infrastructure.
Located in northwest Waterloo, the site spans 28.64 hectares and is situated north of Conservation Drive and east of Erbsville Road.
The proposal includes rezoning the property from an Agricultural (A) Zone to several zones, including a Residential (R) Zone with site-specific provisions, Medium Density – Three (MD3) Zone, an Institutional (IN) Zone, and Green Zones (G1, G2, G3).
Several updated special provisions for the subject lands have been requested, including but not limited to front yard setback requests to 3.0 from 6.0 metres for the singles and townhouses, a street line setback from 5.0 to 3.0 metres for townhouses, and side yard setback requests to between 1.2-0.6 from 1.2 metres for the singles.
The proposed Draft Plan of Subdivision encompasses a variety of housing types, with 258 single detached residential lots and 220 townhouse units.
The development allocates space for an elementary school block, park blocks, and a stormwater management facility, prioritizing accessibility and environmental considerations.
Specific details include lot sizes ranging from 9 to 13.1 meters in width for single detached lots, while townhouse units will feature both traditional street and back-to-back configurations.
The proposed school block spans 2.88 hectares, with an adjacent 1.22-hectare park block and a 1.06-hectare stormwater management block.
Additionally, 4.75 hectares are designated as open space, preserving natural features and required setbacks associated with Beaver Creek.
Access to the development will be facilitated by an internal road network, with provisions for future connections to adjacent areas and trails.
The proposed extension of Beaver Creek Road, a future roundabout, and additional street access points ensure efficient traffic flow within the community.
The project aligns with the Urban Designated Greenfield Area designation in the Regional Official Plan and is consistent with the City Official Plan’s Low Density Residential designation.
However, challenges may arise concerning development within Core Natural Features and Supporting Natural Features, requiring stringent environmental assessments to mitigate adverse impacts.
Overall, the proposed development seeks to meet the growing demand for housing in Waterloo while promoting sustainable urban growth and community well-being.
Further deliberations and assessments are expected as the project advances through the regulatory review process.
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