neighbourhood open house abode varsity living · • cp reit is an owner, manager, and developer of...

5/17/2016

1

Public Meeting

Choice Properties REIT

Proposed Commercial Development – 2025 Guelph Line

May 17th, 2016

Public Meeting – May 17, 2016

• Introductions

• Site Context and Surrounding Area

• The Developer

• Proposed Development

PB-40-16File #520-01/16Delegation presentation

5/17/2016

2


• Introductions


• The Developer


• Comprised of 1 property

(2025 Guelph Line)

• 6.84 hectares/16.89 acres in size

(total)

• Existing stand-alone Shopping

Centre development

(approx. 190,000 sq ft)

containing Fortinos, LCBO, Beer

Store, Giant Tiger, etc.

• Access from Guelph Line, Upper

Middle Road, Uplands Drive

• Surrounded by mix of residential,

commercial, institutional, and

open space uses

Site Context – Subject Lands

5/17/2016

3



5/17/2016

4



• Introductions


• The Developer


5/17/2016

5

• CP REIT is an owner, manager, and developer of retail and commercial real estate across Canada.

• Portfolio includes 519 properties consisting of 41.6 million sq ft of GLA.

• Principal tenant is Loblaw Companies Limited, Canada’s largest retailer.

• CP REIT is internally managed, operated and led by an experienced management team with a strong understanding of, and vast operating experience in the Canadian real estate sector and public markets.

The Developer


• Introductions


• The Developer


5/17/2016

6

Proposed Development


• Three (3) new stand-alone building

pads within SE corner of subject

lands.

• Four (4) units consisting of potential

restaurant (C/E) and retail uses (D/F)

with a combined floor area of

14,000 sq ft.

• Buildings positioned in close proximity

to Upper Middle Rd and Upland Dr

frontages.

• 902 on-site parking spaces provided

(830 during garden centre operation).

• Relocation of Uplands Dr access to

allow for improved site lines.

• Increased landscaping opportunities

along Uplands Dr.

5/17/2016

7



Current view – facing north along Upper Middle Road

5/17/2016

8


Proposed view – facing north along Upper Middle Road


Current view – facing northwest at Upper Middle Road & Uplands Drive intersection

5/17/2016

9


Proposed view – facing northwest at Upper Middle Road & Uplands Drive intersection


• Subject lands are ideal for the type of development proposed due to ample land area,

as well as good access and visibility from Guelph Line and Upper Middle Rd;

• Proposed use is contemplated within the Community Commercial designation; permits

a wide range of large and small scale commercial uses in free-standing buildings;

• Placement of proposed buildings fronting on to Upper Middle Rd will enhance

streetscape and pedestrian circulation;

• Introduction of new uses will enhance the viability of the shopping centre, allowing it

it to remain competitive in the marketplace;

• Expansion of the shopping centre is an appropriate form of intensification; will make

efficient use of lands; and can take advantage of existing services and infrastructure;

• Type of development proposed already exists in the area and there are no known

adverse impacts on surrounding land uses; compatibility issues (i.e. noise, traffic) will be

dealt with in more detail at site plan approval stage;

• Increase in traffic and reduced parking supply are deemed sufficient through Traffic

Impact Analysis.

neighbourhood open house abode varsity living · • cp reit is an owner, manager, and developer of...

Documents