Drewlo Waterloo (née Waterloo Motor Inn) | 8x 16-28 fl | proposed

[The85]

Drewlo Waterloo
1, 2, 2x6, 3x16, 21, 22, 24, 25 and 28 storeys
Developer: Drewlo Holdings

Drewlo is proposing a large development at 475 King Street North (formerly the site of Waterloo Motor Inn, The Waterloo Inn and then The Inn at Waterloo).

Comprised of 11 buildings, it is proposed to be a mixed use development. Phase 1 contains 2 office buildings, both 6 floors with underground parking. Phase 2 is two 16 floor residential building (with underground parking; all buildings except those in Phase 6 will contain underground and podium parking). Phase 3 is a single 22 floor residential building. Phase 4 contains both a 28 and 24 floor residential building. Phase 5 contains both a 25 and 21 floor residential building. Phase 6 contains a 16 floor residential building along with a 4 floor commercial/office building, a 2 floor commercial building and a 1 floor commercial building. Some of the residential units will be townhouses, specifically those located in/along the podiums with the exception of 11 units which stand alone around the 22 floor building. An assortment of amenity space is included, from rooftop pools, gardens, parkettes, walking paths and a community room.

In total, the project contains 3556 residential units (a mixture of 1, 2 and 3 bedroom units) that are a mixture of both condos and rental units - 1778 apartment rentals and 1682 condo units respectively. There are 12'000 square meters of office space and 4000 square meters of retail space. There will be a total of 2500 parking spaces (the majority underground or in the podiums, with some surface spots for retail, townhouse and business use) and 1100 bicycle parking spaces.