5 Capri Road - Zoning By-law Amendment and Draft Plan of Subdivision - Preliminary Report

The proposed buildings would include approximately 67,444 m2 of residential gross floor area and 924 new dwelling units. A total of 1,214 parking spaces are proposed for both the existing and new buildings, of which 1,089 spaces would be for the residents and 125 spaces would be for the visitors. The proposal also includes a southerly extension of Capri Road (along the eastern limit of the site) and a new public park (1,555 m2) to be located on the west side of the new public street. The existing 24-storey apartment building, on the northern portion of this site, would be retained and secured as rental housing (327 units). In addition, the proposed Draft Plan of Subdivision has been submitted to establish 2 residential blocks (Block 1 for the proposed buildings (Building A, B and C) and Block 2 for the existing apartment building (Building E)), a new public park (Block 3) and a new public road (Street 'A'). This new public road would have a right-of-way width of 16.5 m and would extend from the current terminus of Capri Road southward along the entire eastern property limits of the site. Staff are currently reviewing the application. It has been circulated to all appropriate agencies and City divisions for comment. Staff will proceed to schedule a community consultation meeting for the application with the Ward Councillor.