The first stages of a 12-tower development on the former Kraus Flooring factory lands in North Waterloo were approved through a unanimous vote from city councilors on December 11. With support for the project and the necessary changes to the site’s zoning and by-laws, the developer can move further into project planning.
The affordable and attainable housing in this purpose built rental development features a proposed total of 5,452 bedrooms in 3,353 residential units.
Delegates at the meeting included site owner Richard Boyer of 65 Northfield Drive Inc; consultant Chris Pidgeon of GSP Group; and Waterloo resident Ashwin Annamalai. Councillors Hanmer, Bodaly, Roe, Freeman, and Vasic also spoke, as did Mayor McCabe.
