A vacant property – formerly an Esso gas station – at the southeast corner of the Guelph Street and East Broadway intersection could be redeveloped.
A consortium comprised of local developer Port Living, Caulfield Rock, and Hudson has submitted a development application to the municipal government to transform the 19,400-sq-ft site at 452 East Broadway into a new 50-ft-tall, four-storey building.
The application entails 61 strata residential units, with the unit mix comprised of 41 studio units, six one-bedroom units, and 14 two-bedroom units.
There will also be approximately 13,000 sq. ft. of office, retail, and restaurant space mainly within the ground level. A dedicated, unique restaurant space with 4,200 sq. ft. of space spans both the ground level and a portion of an underground level.
“The building honours Mount Pleasant’s legacy of forestry by celebrating wood construction employing a combination of light wood framing and Cross-Laminated Timber structure, exposed CLT wood ceilings in the dwelling units, wood accented lobbies and common spaces, and a hybrid wood cladding, both at and above grade,” reads the design rationale by Formosis Architecture.
Two underground levels will also contain 115 vehicle parking stalls.
With a total floor area of 58,194 sq. ft., the floor space ratio density of the project is three times the size of its lot.