MONDAY, DECEMBER 07, 2020 AT 6:00 PM
Meeting to be held electronically under Ministerial Order No. M192

Zoning Amendment Bylaw No. 8245, 2020 for 100 Braid Street (REZ00201)

WHAT IS THIS BYLAW ABOUT?

Wesgroup has applied for Zoning Bylaw text amendments to the Comprehensive Development Zone (CD-67) at 100 Braid St which would:

• Increase net residential density from 18,817.5 sq.m.(202,550 sq.ft.; 4.4 FSR) to 28,167 sq.m.(303,190 sq.ft.; 6.45 FSR);
• Increase maximum building height from 65 m. (213 ft.) to 118 m. (390.5 ft.);
• Decrease resident and visitor parking by up to 20%, subject to a Transportation Study and a Transportation Demand Management Plan; and
• Remove six specimen trees from Braid Street.

The project would still provide for 395 sq.m. (2,252 sq.ft.) of art gallery and studio space, with discounted rents. In exchange for the amendments, 423 secured market rental housing units would be provided, which meet the City’s Family Friendly Housing requirements for two and three bedroom units. The above changes for density, height, and parking are being considered under the City’s Secured Market Rental Housing Policy. In addition, the applicant is pursuing Canadian Mortgage and Housing Corporation (CMHC) funding in order to offer 96 of the units at less-than market rates. The rates would be secured for 16 years and based on CMHC’s affordability criteria, and accessibility and energy efficiency requirements.

HOW DO I GET MORE INFORMATION?

From November 23 to December 07, 2020, read the bylaw and related material at Legislative Services, City Hall and online at:

www.newwestcity.ca/publicnotices.