We are thrilled to announce exciting news with regard to our Shops on Steeles redevelopment in Markham. See our previous blog post.
Conceptual rendering: Shops on Steeles, Mixed Use Development. Steeles Avenue East & Don Mills Road, Markham, ON.
An agreement was “endorsed” by Markham council last night with Bayview Summit Developments and the German Mills and Willowdale ratepayers that will allow for a reduced density of residential units to be presented at the Ontario Municipal Board.
The agreed upon reduction from the 1787 dwelling units, referred to the OMB, down to 1235 units is a significant concession by Bayview Summit, the Town and the ratepayers.
We believe that all sides have won in reaching this agreement.
Conceptual rendering: Shops on Steeles, Mixed Use Development. Steeles Avenue East & Don Mills Road, Markham, ON.
The settlement must be submitted to the OMB for its review and approval and the OMB should be pleased to hear that the principal parties have reached an agreement.
The other important party involved with the application is the City of Toronto, led by councilor David Shiner. We are all hopeful that Toronto will respect the wishes of Markham council and the ratepayers and come on side with the reduced density.
Conceptual rendering: Shops on Steeles, Mixed Use Development. Steeles Avenue East & Don Mills Road, Markham, ON.
We are looking forward to the next phase of this exciting project, taking our great ideas and turning them into reality. This project will become the model of greyfield intensification throughout North America.
The OMB hearing starts this Monday March 7. We will report its decision on our blog.
Steve
