60-Storey Tower Proposed for Nelson Street Site

A rezoning application has been filed for 1059-1075 Nelson Street, a two-lot assembly sold previously by our team. The plan calls to rezone the existing two lowrise apartment buildings for redevelopment in order to permit the development of a 60-storey residential building. The site sits immediately West of the Butterfly project by Westbank, now in excavation.

The rezoning proposal includes:

• 485 residential units:
  • • 113 social housing units;
    • 49 market rental units;
    • 323 market condo units;
• a building height of 555.5 ft. (585.5 ft. to the top of appurtenance)
• a total density of 24.94 FSR;
• 8 levels of underground parking with 299 vehicle parking spaces and 1000 Class A bicycle parking spaces and 26 Class B bicycle spaces.

This application is being considered under the West End Community Plan, Rezoning Policy for the West End, and the General Policy for Higher Buildings.

The architect for the project is IBI Group.