585 Bridgeport Rd | 40fl | 133.1 m

[ZEBuilder]

Vive is proposing a new three tower development at the corner of Bridgeport and Lancaster just down the street from their existing Lancaster project. The properties involved are 585 Bridgeport, 518 Lancaster and 514 Lancaster. It's across Bridgeport from the Tim Hortons and next to the Shell.

Overall the towers proposed are 34 36, and 40 floors, ontop of a 6 floor podium. The site will contain 1165 units, split between 1 bdrm, 2 bdrm, and 1 bdrm + den configurations.

The proposed development will have an FSR of 13.0, many projects within the downtown core aren't hitting that. The site plans to have a parking ratio of 0.86 spaces per unit and 0.07 visitor spaces per unit.

Nothing beyond that is public at this point but additional information will be public in the coming weeks.

[panamaniac]

Community response will likely urge lower density, more parking, and some 3 bedroom units. My prediction.

By the way, three towers on one podium or each tower with its own podium? Huge project either way.

[ZEBuilder]

Community response will likely urge lower density, more parking, and some 3 bedroom units.  My prediction.

By the way, three towers on one podium or each tower with its own podium?  Huge project either way.

The community may be upset with it but Vive has their other project just down Lancaster with similar heights closer to existing low rise residential. Thus they have precedent for something of this scale. Now one could argue it is a bad location given the relative isolation with respect to the rest of the city but it is certainly a interesting node developing if everything goes ahead that is planned.

Given the site size I would guess that it's going to be separate podiums (2.82 acres), a typical tower size is 750sqm to 1000sqm which even taking the larger floor plate is still under an acre in size for all 3 towers. The only way I could see it being on one is if Vive is protecting for some future phase down the road but I would expect some surface parking.

[plam]

Community response will likely urge lower density, more parking, and some 3 bedroom units.  My prediction.

By the way, three towers on one podium or each tower with its own podium?  Huge project either way.

I used to bike by that corner all the time (which was a terrible ride). Parking kind of is an issue, especially since it's not like that area has any walkscore at all. 3br units would also be useful...

That is indeed a lot of units.