Executive summary
The following are key points for consideration with respect to this report:
• 17 Guelph Street is a Town-owned surplus site. Council direction has been to leverage the property for affordable housing. Report ADMIN-2020-0043, dated November 8, 2020, provided an overview of the 17 Guelph Street project and the Town’s approach for facilitating redevelopment.
• Town-initiated pre-development work for the proposed 17 Guelph Street redevelopment is well underway, with preliminary technical studies completed, and the Official Plan and Zoning By-law amendment applications anticipated to be submitted in the near future.
• Pending Council approval, Town and Regional staff plan to issue a joint public call in the form of a Request for Expression of Interest (REOI) in the fourth quarter of 2021 to solicit applicants interested in designing, building, operating and maintaining 17 Guelph Street as affordable rental housing.
• The proposed land and development partnership framework between the Town and a future developer(s)/operator(s) for 17 Guelph Street is outlined in the Term Sheet (see Appendix 1).
Climate implications
This report impacts and/or helps address climate change and the Town’s Net Zero target through climate mitigation. One of the considerations in the design, construction and operation of the 17 Guelph Street project will be energy efficiency and the implementation of the Town’s Green Development Standards which will contribute to the Town’s Net Zero target.