Projects Update

In our last update, our team was continuing their work on the ZBA, Official Plan Amendment (OPA), and Site Plan Application (SPA) submissions for Fourth Avenue. These tasks are progressing concurrently and are part of a phased approach to keep the development on track. The overall development has undergone a comprehensive redesign to meet zoning requirements, and we are now navigating the Zoning By-law Amendment (ZBA) process. The refined project is receiving strong support from the city and the mayor.

Another great piece of news is that we have eliminated the need for underground parking for this development, significantly reducing costs for the project. At the rear of the property, we are creating a neighborhood park, which aligns perfectly with the city’s vision and adds great value to the plan.

With everything progressing smoothly, we are excited about the future of this project and its potential to become a key feature in the area.

Upcoming Milestones:

Submissions: In Progress

Timelines:

Zoning: In progress
SPA: Q1 2026
Building Permit: Q2 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.