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332 Charles Street East | 17 fl | Proposed
#20
This was given the green light at council today. The following are the notably changes, an increase in building height from 17 floors to 27 floors, making it the tallest building within the Kitchener Market MTSA. The FSR increased from 9.8 to 14. The unit count increased from 163 to 279 (net change of +116). Due to changes that Ford made to the planning act council is no longer allowed to require affordable housing for an increase in density but Vive is going to include 32 affordable housing units which is 11.5% of the total units up from 0%, from what Litt was saying 22 of the units will be at 80% of market rate which is currently $1750, and then 10 of the units will be at 70% of market rate which is $1550. Vive is also including 2 additional barrier free units on the site for a total of 4 from the original 2.

Like normal Councillor Chapman was complaining about all sorts of things at the meeting, she was upset that this didn't get another neighbourhood information meeting, the affordable housing isn't enough (even though there was 0 units originally), and her normal shenanigans. It got to the point in the meeting where Councillor Davey was very obviously frustrated with her and was intending some of his comments towards Chapman when he commented on how no one should be saying no to a developer willingly increasing the number of units when we're in an extreme housing crisis. Then Councillor Singh and Schnider both praised Vive to some degree thanking them for their willingness to work with council and increase the density.
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RE: 332 Charles Street East | 17 fl | Proposed - by ZEBuilder - 09-26-2023, 10:22 PM

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