7-Storey Building Planned for Railtown Site
A development application has been submitted by PortLiving for ‘Railtown Station’, a project at 711 Alexander Street, a triangular shaped site in Railtown totaling 11,438 SF in size. The site is bounded by CP railway tracks to the North and the Heatley Avenue overpass to the West.
Plans for the site include a new 7-storey light manufacturing, office, mixed use building including:
- 48,238 SF of manufacturing space;
- 5,380 SF of office space;
- 3,572 SF of retail space;
- A total density of 5.0 FSR;
- A proposed height of 104 ft.; and
- Three levels of underground parking providing 56 parking spaces having vehicular access from Heatley Avenue.
Under the site’s existing M-2 zoning, the application is “conditional” so it may be permitted; however, it requires the decision of the Director of Planning.
The project had been pre-leasing through Avison Young under a previous design plan for the site:
The architect for the project is Formosis Architecture.
The site was acquired by PortLiving in 2017 for $5,100,000 or $89 per buildable SF based on the application.