AURORA PROMENADE AREA 45 INDUSTRIAL PARKWAY SOUTH ...
$649,000 INVESTMENT OPPORTUNITY PROPERTY – AURORA PROMENADE AREA 45 INDUSTRIAL PARKWAY SOUTH, TOWN OF AURORA (Part of Lots 2 & 3, Registered Plan No. 80)
Key Features and Attributes 1. 2. 3. 4.
Total area of approximately 0.052 Hectares (0.12 Acres). Frontage on Industrial Parkway South – approximately 11.33 metres. Close proximity to GO Station – see air photo. Existing Residential and Business Use
Development Potential: 5.
Designated “The Aurora Promenade” in the Council adopted Town of Aurora Official Plan. ∙
6.
Policy 11.2 b) states, “The Aurora Promenade has significant potential to accommodate new development, both new jobs and new residential units, over the time horizon of this Plan – to the year 2031”
The Aurora Promenade is identified as a Secondary Plan Area in the Official Plan ∙
Within the Secondary Plan Area, 45 Industrial Parkway South falls within the “Promenade Focus” Area Designation (Section 11.7)
∙
Policy 11.7.a) states, “Promenade Focus Areas present exceptional opportunities afforded by their entryway locations, existing and/or planned transit infrastructure and major community amenities/services.”
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“The purpose of the Promenade Focus Area designation is to promote redevelopment by providing enhanced development potential as – of right.”
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The following uses are permitted within the designation: ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙
Multiple‐unit buildings, townhouses and apartment buildings; Communal housing; Live‐work units; Commercial services including retail stores, restaurants and personal services; Tourist Accommodations (e.g. hotels, Tourist Information Centre): Commercial and/or government offices, research and data processing facilities; Child care facilities; Institutional uses; Cultural, recreational, and entertainment uses; Conference centres; Parking facilities at‐grade and/or in structure; A variety of parks and Urban Squares; and, Public uses, and public and private facilities
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The implementing Zoning By‐law and the development policies of the Official Plan may further refine uses in the Promenade Focus Area.
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The maximum permitted height for the subject lands is 5 storeys + 2 bonus storeys. Height bonuses are subject to additional requirements that must be met (i.e. public benefit requirements).
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The lands are located with the Special Design Area of the Promenade Area.
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No development application can proceed within the “Special Design Areas” as identified on Schedule B1 without a Comprehensive Plan undertaken to coordinate land use patterns.
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Where developments are proposed in the absence of a Town‐initiated Comprehensive Plan, applicants in these areas will be required to prepare a segment of the Comprehensive Plan that includes surrounding properties to demonstrate how the proposed development will complement and contribute to the orderly transformation of the area (Policy 11.6.2 j)). This Plan should; Be prepared in consultation with affected adjacent landowners, the public and the Town; Define a logical study area that is adequately comprehensive to the satisfaction of the Town; Demonstrate a street and block, open space and built form plan consistent with these design guidelines; Provide an implementation plan that considers the phasing of development and identifies the necessary interventions or investment to enable the transformation; and Be supported by other applicable studies that may be deemed necessary.
7.
A Zoning By‐law Amendment will be required to implement the Promenade Focus Area designation in the Town’s adopted and approved Official Plan.
8.
The subject lands area presently zoned “Restricted Industrial (M1‐A) Exception Zone in Zoning By‐law #2213‐78” (see attached Schedule A) ∙
Permitted uses within this zone area as follows: ∙ Warehouse and industrial uses ∙ Commercial self storage facilities ∙ Fitness centres, recreation centres, private clubs ∙ Office use accessory to a permitted use ∙ Trade schools
9.
∙ Ancillary retail ∙ Data processing centres ∙ Laundries ∙ Repair shops, light ∙ Research labs ∙ Offices, other than the offices of a doctor or drugless practitioner, in multi‐unit premises up to 30% of total floor area
The existing residential use of 45 Industrial Parkway South is permitted as an ongoing legal non‐conforming.
10. 45 Industrial Parkway South offers an opportunity for immediate employment uses, including residential, pending longer term opportunities offered by the Promenade Focus Area uses. Attachments: 1) Air Photograph; 2) Legal Survey; 3) Site Photograph (2015); 4) Secondary Plan Area – Schedule B2; 5) Building Heights – Schedule B2
Key Features and Attributes 1. 2. 3. 4.
Total area of approximately 0.052 Hectares (0.12 Acres). Frontage on Industrial Parkway South – approximately 11.33 metres. Close proximity to GO Station – see air photo. Existing Residential and Business Use
Development Potential: 5.
Designated “The Aurora Promenade” in the Council adopted Town of Aurora Official Plan. ∙
6.
Policy 11.2 b) states, “The Aurora Promenade has significant potential to accommodate new development, both new jobs and new residential units, over the time horizon of this Plan – to the year 2031”
The Aurora Promenade is identified as a Secondary Plan Area in the Official Plan ∙
Within the Secondary Plan Area, 45 Industrial Parkway South falls within the “Promenade Focus” Area Designation (Section 11.7)
∙
Policy 11.7.a) states, “Promenade Focus Areas present exceptional opportunities afforded by their entryway locations, existing and/or planned transit infrastructure and major community amenities/services.”
∙
“The purpose of the Promenade Focus Area designation is to promote redevelopment by providing enhanced development potential as – of right.”
∙
The following uses are permitted within the designation: ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙ ∙
Multiple‐unit buildings, townhouses and apartment buildings; Communal housing; Live‐work units; Commercial services including retail stores, restaurants and personal services; Tourist Accommodations (e.g. hotels, Tourist Information Centre): Commercial and/or government offices, research and data processing facilities; Child care facilities; Institutional uses; Cultural, recreational, and entertainment uses; Conference centres; Parking facilities at‐grade and/or in structure; A variety of parks and Urban Squares; and, Public uses, and public and private facilities
∙
The implementing Zoning By‐law and the development policies of the Official Plan may further refine uses in the Promenade Focus Area.
∙
The maximum permitted height for the subject lands is 5 storeys + 2 bonus storeys. Height bonuses are subject to additional requirements that must be met (i.e. public benefit requirements).
∙
The lands are located with the Special Design Area of the Promenade Area.
∙
No development application can proceed within the “Special Design Areas” as identified on Schedule B1 without a Comprehensive Plan undertaken to coordinate land use patterns.
∙
Where developments are proposed in the absence of a Town‐initiated Comprehensive Plan, applicants in these areas will be required to prepare a segment of the Comprehensive Plan that includes surrounding properties to demonstrate how the proposed development will complement and contribute to the orderly transformation of the area (Policy 11.6.2 j)). This Plan should; Be prepared in consultation with affected adjacent landowners, the public and the Town; Define a logical study area that is adequately comprehensive to the satisfaction of the Town; Demonstrate a street and block, open space and built form plan consistent with these design guidelines; Provide an implementation plan that considers the phasing of development and identifies the necessary interventions or investment to enable the transformation; and Be supported by other applicable studies that may be deemed necessary.
7.
A Zoning By‐law Amendment will be required to implement the Promenade Focus Area designation in the Town’s adopted and approved Official Plan.
8.
The subject lands area presently zoned “Restricted Industrial (M1‐A) Exception Zone in Zoning By‐law #2213‐78” (see attached Schedule A) ∙
Permitted uses within this zone area as follows: ∙ Warehouse and industrial uses ∙ Commercial self storage facilities ∙ Fitness centres, recreation centres, private clubs ∙ Office use accessory to a permitted use ∙ Trade schools
9.
∙ Ancillary retail ∙ Data processing centres ∙ Laundries ∙ Repair shops, light ∙ Research labs ∙ Offices, other than the offices of a doctor or drugless practitioner, in multi‐unit premises up to 30% of total floor area
The existing residential use of 45 Industrial Parkway South is permitted as an ongoing legal non‐conforming.
10. 45 Industrial Parkway South offers an opportunity for immediate employment uses, including residential, pending longer term opportunities offered by the Promenade Focus Area uses. Attachments: 1) Air Photograph; 2) Legal Survey; 3) Site Photograph (2015); 4) Secondary Plan Area – Schedule B2; 5) Building Heights – Schedule B2
