Homestead Land Holdings Limited is proposing to construct a high-rise residential tower in the middle of the property at 1316 Carling Avenue and 1251 Thames Street, replacing the existing surface parking area. The proposed 20-storey building will step down to nine (9) storeys and then four (4) storeys towards the southern property line. Between the south property line and the proposed development, a new municipal park is proposed. A total of 201 units are proposed with 377 new underground parking spaces. The new underground parking garage will be accessible to residents of both the existing and new building, as 169 parking spaces are intended to replace the existing surface parking that will be lost and the balance are to serve the existing building on site. A total of 208 parking spaces will serve the new residential units.
The proposed development will maintain both access/egress points from Carling Avenue and will introduce a new access to the site from Thames Street. In addition to the vehicular access to the site, a pedestrian pathway is proposed throughout the site to provide a mid-block connection between Thames Street and Carling Avenue. The pedestrian pathway will pass through the new municipal park, the outdoor landscaped amenity area for residents, and along the western property line, which will be landscaped to provide a buffer between the pathway and the existing drive-aisle. The proposed development introduces new tree planting opportunities and greenspace on a site that was previously developed with a surface parking lot.