Oakville Newspapers

Oakville Beaver, 7 Sep 2017, p. 7

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continued from p.1 Sobeys to remain open for business Need Does your financial directions toadvisor your The zoning was approved back in 2012, but not much has happened since. Many people were pleased to hear Sobeys would remain open throughout the redevelopment. senior director, development, Crombie REIT 7 | Thursday September 7, 2017 | OAKVILLE BEAVER | www.insidehalton.com People were able to view pictures of the site plans and speak to members of the development team on what to expect in the re-development. The open house drew between 150 and 200 people, with most supporting the re-development, according to Crombie REIT. "The zoning was approved back in 2012, but not much has happened since. Many people were pleased to hear Sobeys would remain open throughout the redevelopment," said Robert Blacklock, senior director of development for Crombie REIT, in an email to the Oakville Beaver Friday, Sept. 1. "This is not a re-zoning application. We are just applying for SPA (site plan application) and Town staff are responsible for making sure our development is appropriate. SPA is not appealable by the public." The SPA calls for the construction of a 14-storey residential building fronting Bronte Road and a 10-storey residential building situated in the interior of the property -- both to be terraced towards Sovereign Street. The buildings will offer a combined total of 480 luxury rental units, just under the zoning maximum allotment of 570 units. The 2012 settlement, which Crombie REIT's site plans will "respect," Blacklock said, allows for ground-floor retail in each building, opening the door to new commercial uses fronting onto Bronte Road. Additional commercial uses would front onto financial destination? know your life goals? Marc Nutford Marc Nutford Financial Advisor . 2387 Trafalgar Road . Unit E2 2387 Trafalgar Oakville, ON L6H Road 6K7 Unit E2 905-844-4043 Financial Advisor Robert Blacklock Oakville, ON L6H 6K7 905-844-4043 Lakeshore Road and a town-owned market square. There will also be three floors of underground parking, new community spaces, a new market square adjacent to Lakeshore Road and a new parkette fronting Sovereign Street, with a pedestrian linkage joining the two. Sobeys will remain open, where it is currently, while a new 10,000-sq.-ft. drugstore is constructed on the west side of the grocery store. The parking lot will remain available to use. The settlement also calls for early improvements to the property that fronts onto Lakeshore Road and Jones Street. In the longer term, commercial uses on the property's east end will relocate to Lakeshore Road adjacent to the urban square. 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