Trio on Belmont | 14 fl, 12 fl, 8 fl | Complete

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Trio on Belmont
460 Belmont Ave, Kitchener
http://www.triobelmont.ca/
Developer: HIP Developments
Project: three luxury apartment buildings (14 fl, 12fl, and 8fl) that will contain 412 units

City of Kitchener staff report



Before

Brick site developer also doing big project near Belmont Village
August 16, 2014 | Rose Simone | The Record | LINK[/align]

WATERLOO REGION — A Waterloo-based real estate development company is undertaking projects worth a total of $180 million in uptown Waterloo and the Belmont Village area of Kitchener.

The redevelopment of the Brick Brewing property on King Street South in Waterloo and the former Boehmer Box site on Belmont Avenue in Kitchener by Hip Developments will bring high-end apartments, retail space and office units into areas of Waterloo Region that are about to be transformed by light rail transit connections.

The $100-million project at Belmont and Gage avenues, alongside the Iron Horse Trail, involves construction of three luxury apartment buildings that will contain 412 units.

Scott Higgins, vice-president of Hip, a division of Melloul-Blamey Construction Inc., said construction of the first building, a $40-million development containing 172 units, is set to begin in October.

The former Boehmer Box plant — Boehmer moved to a new larger location on Trillum Drive in 2006 — is currently being demolished and the site has gone through an environmental cleanup to prepare it for the new building, Higgins said

The first 14-storey building will be followed by a 12-storey building and an eight-storey building over a six-year time frame, he said.

The Trio on Belmont is geared to people who might own a house now, but would like to monetize their real estate and a rent a large "well-appointed" suite in a trendy village near the Waterloo core, Higgins said.

"They will have the stainless steel appliances, luxurious finishes, rooftop terraces and lots of amenities," he said.

As part of a deal with the City of Kitchener, the company will redevelop the Iron Horse Trail in the area between Gage Street and the northwest end of Patricia Street. It will landscape that part of the trail, widen it and add a rest area and rotunda.

"Each building will have over 6,000 square feet of rooftop terraces and a new parkette is being built for the Victoria and Patricia Street neighbourhood," Higgins said. "There will be a new trail connection for the neighbourhood, so it will be beautiful."

August 6, 2014