The developer hoping to build three skyscrapers near Stoney Creek’s lakeshore is changing the plan for a third time ahead of an Ontario Land Tribunal
hearing on its appeal of the city’s rejection of the third proposal.
New Horizon Development Group’s latest plan calls for condominium towers of 40, 44 and 49 storeys and 1,492 residential units on a two-hectare vacant property at 310 Frances Ave.
That’s up from 33, 38 and 44 storeys and 1,346 units in the plan
rejected by the city in December, and that is the subject of the appeal, scheduled to be heard by the OLT in early January.
While the new plan increases the height of one of the parking podiums, or garages, to eight storeys from five, it proposes fewer parking spaces per unit — 1.15, down from 1.25 and below the city’s required 1.5 — for a total shortfall of 522 spaces.
The proposed amenity space per unit is still less than half of city requirements, despite being boosted by a square metre to 9.8.
New Horizon president Jeff Paikin said the latest plan is still more modest than the original December 2018 proposal, which called for towers of 48, 54 and 59 storeys and 1,836 units.
He said his company didn’t like the third plan and decided to hire another architect to come up with a new one.
“We just loved it so much we didn’t want to change anything. It’s got a significant number of terraces that overlook the water, that have amenity space within the unit that doesn’t count because it’s a balcony, which is a dumb rule,” Paikin said.