* UPDATE - City Council Approves Development, details below. [10.21.2021] *

Downtown Galt Ontario from the Grand River Big Changes May Be Coming To Downtown Galt's Skyline | Local News

In preparation for a potential LRT line through downtown, possible changes are coming to the Galt Core Area Height Guidelines. This could mean a new look for the core of downtown.

Some of the proposed developments would include a Park Hill Road 37-storey building containing 253 residential units, as well as 30-storey and 24-storey buildings on Shade Street boasting an additional combined 445 units.

The biggest development though is on Water Street, where the fate of 5 buildings totaling 991 residential units hangs in the balance of the City Council's decision on height limits.

Of course, as with any change, there are concerns from local citizens and heritage protection groups alike, which will be taken into consideration by City Council.

" Public consultation is now on tap... and city staff stated the consultation is being conducted concurrently “to ensure a co-ordinated approach which balances heritage and development,” according to a report to council. " CambridgeTimes.ca

These proposed changes were scheduled to be viewed by City Council on October 19, 2021 - we should be hearing news soon!

* UPDATE - CITY COUNCIL APPROVES DEVELOPMENT [10-21-2021] *

In a tight vote, Cambridge City Council has approved the development of two buildings - a 28-storey hotel, and a 37-storey condo tower. The project has been titled "Cambridge Mill Development" and was approved in a vote of 5 in favour and 4 against.

These will become the area's tallest buildings, changing the skyline of Water Street North.

" Now more than ever we need to breathe renewed hope into our business community for a bright, prosperous, future downtown. "
Brian Kennedy of the Downtown Cambridge BIA, CambridgeTimes.ca

 It will certainly be interesting to watch how these developments will take place, make sure you create a DewarRealty.com account to stay in the loop with everything related to local real estate.

Contact Dewar Realty

Read the full article regarding the proposal going to City Council on CambridgeTimes.ca here.

Read the full article regarding the City Council's decision and subsequent approval on CTVNews.ca here.

Posted by Greg Dewar on
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