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Development, Retail

32-Units Above Retail Planned for Alma & 10th Corner

A development application has been submitted by Landa Global for their site at the Southeast corner of West 10th and Alma Street. The 23,300 SF, C-2 zoned site is now vacant and was previously an Esso gas station before Landa bought the site in 2015 for $18 Million (or $313 per buildable SF).

The plan for the site is a 4-storey, mixed-use commercial and residential building that includes:

  • 32 market residential units;
  • A total density of 2.48 FSR;
  • A building height of 57,762 SF;
  • 7 retail units at grade;
  • 80 underground parking on two levels accessed from the rear lane.

 

Under the site’s existing C-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.

The architect for the project is Rafii Architects.

February 17, 2018by david.taylor@colliers.com

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