Projects Update

The Station Sixty project continues to move steadily through the final stages of the Site Plan Approval process. Conditional Site Plan Approval remains in place, with an extension secured through March 2, 2026, providing sufficient runway to complete condition clearing and advance the revised development program. The Site Plan Complete Approval timeline also accounts for the five months required to complete remediation work and obtain the Record of Site Condition (RSC).

In response to current market conditions, the project has been repositioned from a condominium model to a purpose-built rental development. A rental market analysis and feasibility study completed by SVN Rock informed the redesign, which has been refined to improve efficiency, incorporate value engineering, and optimize unit mix, amenities, parking, and overall site functionality. The revised concept is organized into two independent phases, each designed to function autonomously from both a parking and access perspective.

The updated design has been reviewed and aligned across all stakeholders, including ownership, finance, the rental market consultant, and the project planner. Most recently, the Site Plan condition clearing submission was completed on November 11, and the team is currently awaiting City comments. In parallel, preparations are underway for the GRCA permit submission to ensure approvals continue to advance without delay.

Together, these steps position the project well for final Site Plan Approval and subsequent permitting, while maintaining flexibility to respond to market conditions as the project moves closer to construction.

Upcoming Milestones:   

Site Plan Resubmission (Cycle 4): November 11, 2025
GRCA Permit Submission: November 11, 2025

Timelines:  

Official Plan Amendment: N/A
Zoning By-law Amendment: N/A
Draft Plan of Subdivision Conditional Approval: N/A
Draft Plan of Subdivision Approval: N/A
Site Plan Conditional Approval: March 2, 2025
Site Plan Complete Approval: Q2 2026
Building Permit Issued: 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.