LONDON — The city’s skyline may soon see new heights as a proposed mixed-use development in the heart of the city’s downtown area gains traction.
Located at the northwest corner of King Street and Ridout Street North in London, the project includes redeveloping 50 King Street and part of 399 Ridout Street North.
The ambitious plan led by York Developments, operating as 50 King Street London Limited, aims to redefine the urban landscape with a blend of residential, commercial, and retail offerings while preserving the historic Middlesex County Courthouse and Jail.
The proposed development is set to transform the area’s current zoning, which includes a mix of Community Facility/Downtown Area zone and holding Downtown Area Bonus zone.
The zoning amendment, which received approval from council in October of 2023, allows for amendments to the London Plan and the Zoning Bylaw to accommodate the proposed changes, adding a Specific Policy Area to the Downtown Place Type and rezoning the property to a holding Downtown Area Special Provision Zone.
The focal points of the plan are two towering structures, one rising to 53 storeys at the intersection of King Street and Ridout Street North and the other standing tall at 43 storeys closer to Ivey Park.
A shared podium connects these structures, housing retail spaces at ground level and offices on levels 2-4, totalling 13,785 square metres of commercial, retail, and office gross floor area.
The residential aspect of the project is equally ambitious, boasting 800 units spread across the two towers.
The density is projected to reach 1,250 units per hectare, surpassing initial estimates due to a minor technical adjustment stemming from previous road widening dedication.
Alongside the residential units, the development plans include ample parking facilities, 550 vehicle stalls nestled beneath the podium and plaza area, and provisions for 300 long-term and 50 short-term bicycle parking spaces.
Amenity spaces are also a priority in the proposal, with 7,600 square metres of functional amenity space designated within the building for the residents.
Additionally, outdoor amenities such as plazas, landscape areas, and rooftop terraces are integrated into the design to enhance the living experience.
The downtown area, designated as a Protected Major Transit Station Area, aligns with the city’s vision for sustainable growth and urban revitalization.
The project’s proximity to transit hubs, employment centers, recreational facilities, and shopping destinations underscores its strategic importance in shaping the future of London’s urban landscape.
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