There is a new massive condominium development planned for the South-East corner of Broadway at Kingsway. The building that is set to fill the corner is a 26 story mixed-use development that some have said will “remake the neighbourhood.” It will be designed by Acton-Ostry, who designed the smaller scale Stella up the street on 12th. Units in that development started at around $380,000. According to most recent census data, the median house-hold income is about $10,000 less that the city’s average. It is likely that it will not be current residents of Mount Pleasant who will fill the condos. While there have been quite a few developments in Mount Pleasant over the past few years, all have been on a much smaller scale. In fact, June of this year saw three nights of council meetings discussing a project about half the size on Broadway and Fraser. Residents said they didn’t like the scale and volume of that project, which was only 11 stories.
In an attempt to win over the Mount Pleasant community, Rize Alliance Properties has set up a small park and Christmas tree on the south-west corner of Broadway and Kingsway. Early on Friday night there was a tree lighting ceremony, which featured local children singing Christmas carols and members of the Mount Pleasant Community Police handing out hot-chocolate. The president of the Mount Pleasant Business Improvement Association was out talking to members about the future project, even describing it as a reassuring “mid-rise” tower.
The lot where the park sits was cleared by a fire on Christmas Day of last year. Many low-income artists lost their studio space and there was a very sympathetic reaction in the community.
Community consultations will take place this fall, although no dates have been announced yet. It will be interesting to see how the community reacts, as the tower will undoubtedly change both the neighbourhood’s scenic and economic landscape. There are pictures and further information on the development at the the city’s website for the project here.