Green light given for development on former Schneiders meat plant in Kitchener
There's plenty of optimism surrounding the site of the former Schneiders meat plant in Kitchener.
City council unanimously passed approval for a development Monday night that will see 13 towers, residential units, retail, office, and restaurants go up.
"I really believe it's going to be one of the crown jewels of our city and of that area," said Ward 3 councillor Jason Deneault.
The former plant stood on Courtland Avenue for more than 90 years before moving out of Kitchener in 2015.
Auburn Developments will now build more than 3,300 rental units, with one, two, and three bedroom options.
"This is a win-win from council perspective, from a developer perspective, from staff perspective, and more important a win for our community," said Ward 6 councillor Paul Singh. "Thank you."
The original development proposal included 135 affordable housing units, which would cost 20 per cent less than the market average.
Staff had asked for those numbers to be increased.
The developer propose an additional 10 affordable housing units during the Monday night meeting and says he will build more in the first stage as long as construction can start in July.
The developer also promised to donate $1 million to the Working Centre.
"We go from around 9.5 per cent of our 35,000 unit target by 2031 to 11.5 per cent in just this one project," said Kitchener Mayor Berry Vrbanovic.
The development will be named The Mets after the original owner John Metz Schneider.
The build is expected to cost roughly $1 billion and create hundreds of construction jobs in the coming years.
CTVNews.ca Top Stories
Trudeau acknowledges charges in Nijjar killing, calls for commitment to democracy
Prime Minister Justin Trudeau has acknowledged the charges laid Friday in relation to the murder of B.C. Sikh activist Hardeep Singh Nijjar.
No proof man lied to brother about number of kittens born in litter, B.C. tribunal rules
A man was denied a $5,000 payout from his brother after a B.C. tribunal dismissed his claim disputing how many kittens were born in a litter.
Bodies recovered in Mexico likely 2 Australians, 1 American who went missing: officials
Three bodies recovered in an area of Baja California are likely to be those of the two Australians and an American who went missing last weekend during a camping and surfing trip, the state prosecutor’s office said Saturday.
Princess Anne lays wreath at B.C. veteran's cemetery; receives 21-gun salute
Princess Anne paid tribute to veterans buried at a cemetery in British Columbia today, laying a wreath to honour the more than 2,500 military personnel and family members buried there.
Mystik Dan wins the 150th Kentucky Derby at Churchill Downs in a three-horse photo finish
Mystik Dan won the 150th Kentucky Derby in a photo finish, edging out Forever Young and Sierra Leone for the upset victory.
'I just can't believe that it took so long': Body found in wreckage 3 months after deadly fire
A man accused of arson in a January Old Strathcona apartment fire is expected to be charged with manslaughter after a body was discovered in the burned building late last month.
Quebec police hand out hundreds of tickets to Hells Angels and other bikers before 'first run' meeting
Quebec provincial police handed out hundreds of fines to Hells Angels members and other supporting motorcycle clubs who met for their 'first run' in a small town near Sherbrooke, Que.
Work stoppage possible as WestJet issues lockout notice to maintenance engineers' union
A lockout notice issued by WestJet to a union representing aircraft maintenance engineers could result in a work stoppage next week.
London Drugs begins 'gradual reopening' on 7th day after cyberattack
Almost a week after all London Drugs stores across Western Canada abruptly closed amid a cyberattack, they began a "gradual reopening" on Saturday.