City Council accepted a settlement offer in February, 2022 that approves a mixed-use 8 storey building. The Settlement offer also includes a contribution to the City for use in the City’s Multi-Unit Residential Acquisition (MURA) Program toward acquiring affordable housing in the Parkdale neighbourhood, and a contribution to the City as tenant compensation, for the benefit of former tenants and occupants of the former site as determined and as administered by the PNLT in consultation with the City.
The site plan remains under review.
