SRDC ask­ing for re­zon­ing of water­front prop­erty

A pub­lic meet­ing on the is­sue is sched­uled to take place in the city coun­cil cham­bers on July 19

The Guardian (Charlottetown) - - THE ISLAND - BY COLIN MACLEAN JOUR­NAL PIONEER Colin.MacLean@Jour­nal­Pi­oneer.com @Jour­naPMacLean

A de­vel­oper is ex­am­in­ing the fea­si­bil­ity of build­ing an apart­ment or con­do­minium com­plex at 565 Wa­ter St.

The prop­erty is owned by the Summerside Re­gional De­vel­op­ment Cor­po­ra­tion (SRDC) and has been an empty lot for decades.

Its only use in re­cent years has been as a park­ing lot for spe­cial events and as a place to dump snow in the win­ter.

A po­ten­tial buyer has con­tacted the SRDC to ex­press in­ter­est in build­ing some kind of high-den­sity hous­ing de­vel­op­ment on the site.

How­ever, the prop­erty is cur­rently zoned medium den­sity res­i­den­tial, and an apart­ment build­ing would re­quire a change to a High Den­sity Res­i­den­tial.

Arnold Cro­ken, ex­ec­u­tive di­rec­tor of the SRDC, said the or­ga­ni­za­tion has ap­plied to city coun­cil to make this re­zon­ing change.

Cro­ken said that even if the cur­rent pro­posal for the prop­erty does not ma­te­ri­al­ize, the SRDC con­sid­ers it sound fore­sight to re­zone the prop­erty to a higher den­sity any­way.

“We’ve had a lot of peo­ple in Summerside over the past six months. There’s a grow­ing num­ber of for­eign and lo­cal in­vestors that have been in and kick­ing tires, look­ing at prop­erty.

“There’s been some up­take; hope­fully, it’s a sign of things to come.”

At­tract­ing multi-unit res­i­den­tial de­vel­op­ment to the water­front was also one of the key ac­tion items out­lined in the Summerside Ur­ban Core Plan, a long-term re­vi­tal­iza­tion plan for the down­town that was com­pleted in late 2016.

The SRDC was one of the or­ga­ni­za­tions on the steer­ing com­mit­tee for the plan.

A pub­lic meet­ing re­gard­ing the SRDC’s re­zon­ing re­quest is sched­uled to take place in the city coun­cil cham­bers on July 19 at 6 p.m.

The pub­lic will have an op­por­tu­nity to re­view the re­zon­ing pro­posal, ask ques­tions and make com­ments.

Com­ments can also be sub­mit­ted to Linda Steven­son, de­vel­op­ment of­fi­cer, by mail, in per­son at city hall or by email­ing linda.steven­son@city.summerside.pe.ca.

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