The land is proposed to be developed in two phases. Phase 1 will comprise a single storey commercial retail/office building (Building 3) and two single storey commercial buildings (Buildings 2 and 4) and Phase 2 will comprise a six storey mixed use retail/residential building (Building 1), zoned Comprehensive Development (CD) specific for a public market, which will be constructed with steel and concrete construction.
Plans are to construct approximately 83 condominium units in the mixed use retail/residential building (Building 1), comprised of one bedroom and two bedroom layouts. The residential portion of the building will have a gross floor area of approximately 82,789 square feet and a net floor area of approximately 71,752 square feet, with the condominium units having an average size of approximately 675 square feet. The square footage figures remain subject to final zoning and design approvals.
The six storey mixed use retail/residential building (Building 1) offers approximately 11,200 square feet of ground floor retail space demised into commercial space divided into smaller strata units. The condominium units range between 750 to 1,000 square feet to allow the flexibility to combine units. The approximately 4,000 square feet single storey commercial building (Building 2) comprises a single retail unit, and the single storey commercial building (Building 3) offers a gross floor area of approximately 5,700 square feet. The single storey commercial building (Building 4) offers a gross floor area of approximately 3,550 square feet, expected to be demised into two retail units of approximately 2,000 square feet and 1,550 square feet. The configuration of the commercial space is subject to change based on market demand. The square footage remains subject to final zoning and design approvals.