CAMBRIDGE — An eight-storey residential building with 104 one- and two-bedroom units is proposed for property in Galt.
The development application would demolish a vacant two-story office building at 149 Ainslie St. N., which also currently has surface parking.
The first two floors of the new building would contain 104 parking spaces; residential units would be located on floors 3 to 8.
“The proposed development will provide much-needed housing in an area slated for intensification and in an area close to businesses and services associated with Galt’s community core,” says a report prepared by planning firm MHBC for the developer.
The property is located between Simcoe Street/Market Street and Park Hill Road, within walking distance of a number of amenities and a proposed LRT stop at Galt Arena Gardens.
Its immediate neighbors are all low-rise buildings, but there is a 16-storey apartment block nearby at Park Hill Road and Cambridge Street.
Official plan and zoning by-law amendments are needed for things like increased density, reduced setbacks, and slight reductions in minimum landscape and amenity area requirements; Cambridge advisers will consider the project at a public meeting on June 28.
Plans call for a south-facing outdoor amenity space above part of the parking area on the Ainslie Street side and a second roof space on the Market Street side where the upper floors are set back . A wide pedestrian promenade and courtyard are also planned near the main entrance, and each unit will have a private balcony.
The report noted that underground parking is not possible due to the high water table, and the property’s location in the floodplain of the Grand River means there cannot be any residential units on the first floor. stage.
Both levels of parking would be accessed from Market Street, with no vehicle access to Ainslie Street.