Projects Update

We are pleased to share the latest developments on the project:

• Refined Design for Enhanced Efficiency
  The project design has been strategically refined to improve overall efficiency and increase the gross floor area. These enhancements strengthen the project’s long-term viability and ensure alignment with our development objectives.
• Zoning By-law Amendment (ZBA) Submission
  The ZBA application has been formally submitted and circulated to all relevant City departments. We anticipate receiving consolidated staff comments by August 22, 2025, which will guide the next phase of approvals.
• Site Plan Approval (SPA) Advancing in Parallel
  In coordination with the City, we’ve been granted approval to proceed with the Site Plan Approval process concurrently. Our goal is to finalize and secure SPA approval by the end of this year.
• Strong Municipal Support
  We’ve engaged directly with City staff and local Councillors, all of whom are aligned and supportive of the project. ELITE has met with them to ensure continued collaboration and momentum as we move forward.

Upcoming Milestones:

ZBA Application comments: August 22, 2025
ZBA application resubmission: Q3 2025
Site Plan application: Q3 2025
Site Plan approval: Q1 2026
Building Permit Application: Q2 2026 

Timelines:

Zoning: Q1 2026
SPA: Q2 2026
Building Permit: Q4 2026 

All projected timelines are indicative and reflect current market conditions and planning assumptions. As with any development project, these estimates remain subject to change due to evolving regulatory, market, and construction environments. Accordingly, dates should be considered as targets rather than definitive deadlines.