"I really would love a Walmart in our area, and am very disappointed that Adam Vaughan and Mike Layton put a ban on new developments on Bathurst for a year. So very disappointed."
Details About the Development
- This will be a three-storey retail building that will have a density of 2.3 times the lot area.
- There will be up to 10 retailers in this development.
- The project will have a gross floor area of approximately 12,000 square metres and no single retailer will occupy an area exceeding 8,800 square metres.
- The Kromer Radio site today is zoned Mixed Use Commercial Retail (MCR), a designation that permits retail uses. It is important to note that zoning bylaws regulate use and not users.
- RioCan believes its proposed plan for the Kromer Radio site is entirely consistent with the general intent and policies of the City's Official Plan which encourages appropriate growth (including retail uses) within Mixed Use areas.
- RioCan's development proposal is not new. It is the same proposal that has been under consideration since the fall of 2012. The Ontario Municipal Board ("OMB") had earlier denied RioCan's application based on process reasons (originally was submitted by way of a minor variance application) and did not make a decision based on the merits of the proposal. RioCan accepted the decision and is now following the recommended process by way of a re-zoning application as laid out by the OMB.
- RioCan's best practices for development projects include conducting extensive independent studies to ensure our proposals fit within the parameters set out in the local official plans and policy documents. Our guiding principle is to ensure our projects result in a net benefit to the communities in which we operate. All the independent reports for the Kromer Radio site concluded there will be no adverse impact on the neighbouring communities. Studies conducted to date include:
- Planning Rationale Report 2013
- Green Development Standard Checklist
- Sun Shadow Study
- Residual Retail Market Demand Analysis 2013
- Urban Transportation Considerations Report 2012
- Functional Servicing Report 2013
- RioCan has considerable experience and a great track record for developing successful urban-format retail development centres in Canada. This proposed development project is just one of many urban-format projects RioCan has developed or owns.