The Bridgeland-Riverside area could see new renewal from a transit-oriented development that aims to cut down on car uses.
Local developer Jemm Properties and Zeidler Partnership Architects are in the pre-application phase of transforming the under-utilized site at 950 McPherson Square NE — near the CTrain’s Bridgelan/Memorial Station — into a mixed-use redevelopment with a height of up to 164 ft.
A total floor area of about 68,000-sq-ft is envisioned to give the property a floor space ratio (FSR) density of 5.5 times the size of its lot, including a 0.2 FSR density bonus in exchange for the creation of a public plaza on a corner.
Retail and restaurant spaces will line the building’s ground-level frontage along 9th Street NE to help activate the street as a walkable pedestrian route to the CTrain station.
There is a significant emphasis on reducing vehicle use, which is evident with the proposed parking supply of just 0.3 vehicle parking stalls per unit of housing.
Bridgelan/Memorial Station also has ample capacity, as it averages just 1,760 passengers per day — the lowest ridership figure of any neighbourhood-level station on the city’s LRT network.