Mid-rise development proposed for Scott Road station
Scott Road station’s first transit-oriented development is nearing the light of day, 22 years after it was opened for service. Lion Rock Developments, a company which leverages real estate to fund the long term operation of churches, is proposing a two-phased, mid-rise, multi-use project on empty land between the Home Depot andPark and Ride. The first phase on the northern half of the property will feature a church and community space, ground floor retail, and three floors of residential units, wrapped around an above-ground parkade. The second phase consists of condos and retail units designed in a similar layout. It is anticipated to include 252 units once complete.
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When is this set to start ?
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With those pictures one can wonder how much extra capacity the Home Depot has in parking. Has the lot ever been close to capacity? Do businesses really require that much parking?
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After looking at the renders, they might have a tough sell on the views/neighbourhood: “Overlooking an abundance of parking stalls, you’ll enjoy unlimited shopping and transit access!”
That said, imagine if there were 3 or 4 of these projects going into the area at once (others could incorporate stacked parking as well, to fully replace the surface park & ride). With just the first phase of this one project, I wonder if there’ll be enough of a response to support the 2nd phase. We need to start somewhere, though, and hey, real mixed-use! (assuming they haven’t disguised a large portion of the ground-floor as street-facing parkade walls)
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