The Intensification of Burlington Continues
By Lucas on Dec 04, 2012
As you know, Burlington is booming. Our friends at Davies Smith Developments were one of the first to start developing in the area, with Ironstone, a 16-storey building that focuses on clean, green living. Also, Adi Development recently opened their Mod'rn Condominium, a development in the heart of Burlington that sold over 95 percent of its units in just under 12 hours. There is no doubt about it, the demand for mid- and high-rise developments in the 905, specifically Burlington, is strong!
With that in mind, the Molinaro Group, a developer who also has a history of projects in Burlington, is looking to capitalize on that demand and develop a new master planned community. 2089 and 2095 Fairview St., located between a Walmart and the Burlington Go Station, has been on the development radar for years.
As spelled out in “InsideHalton,” the Molinaro Group presented their plans to local residents and came to an agreement as to the future of 2089 Fairview St. The process, one that we are seeing more and more of in the downtown Toronto core, saw the Molinaro Group go to the locals first, ironing out any issues that could be had before submitting the plans to the City. It’s a process that seems to be working.
“The workshops were great,” Sam Di Santo, General Manager and Vice-President of the Molinaro Group, told InsideHalton. “We were skeptical at first, because you never know what the outcome is going to be, but we informed the public, we gave the ability to give feedback and went through every single point and made a list of changes.”
“The process has been phenomenal and it is exactly what we want to see going forward,” added Marianne Meed Ward. “I had a couple of staff members say to me this is the best site plan meeting they’ve ever been to...Staff and the Molinaros put a lot of time into planning ahead what we wanted the public to give us, what’s been decided, what’s left on the table and what can we influence.”
The plans call for five new 20-storey towers on the 1.79-hectare site. The development will feature 925 new residential suites, ranging from one-bedroom to two-bedroom+den. Prices are expected to start in the mid $200,000s.
The project should roll out in various phases, and is expected to be completed in just six years.
