Filling the city’s lot gap

With city down to 84 home lots that can be built on, council looks to approve 600 new homes

The first 600 homes in the new Lily Lake subdivision may be under construction in the spring of 2018 if council approves the plan a final time Monday.

City councillors gave preliminary approval to the subdivision plan earlier this month. The vote was unanimous. Now they have to ratify it.

That would allow developer Brian Fenton of Peterborough Homes to get the lands serviced and get building by 2018.

Those 600 homes are the first ones in what will be a larger subdivision: There are 2,800 houses planned for the farmland north of Jackson Park, at Lily Lake Rd. and Fairbairn St.

The first 600 homes will be built on 104 acres of the 498-acre piece of farmland.

The full build-out of 2,800 homes in the subdivision is expected to take about 20 years.

Development will be limited to 600 homes for now because the city hasn’t determined how to accommodate the increased traffic coming into the neighbourhood.

Council had planned to extend The Parkway across the city and that was expected to ease traffic congestion in the area.

But that plan is now on hold because the province recently ordered a new environmental assessment from the city.

Approval at City Hall on Monday will dramatically increase the number of residential building lots available in Peterborough.

City subdivisions planner Brad Appleby told councillors last week there are only 84 lots available at the moment (without this new approval). Don’t forget to check The

Examiner’s website on Monday for live streaming of the meeting as well as live blogging and tweets. It all starts at 6:30 p.m.

NOTE: See more city council coverage on Pages A1, A3 and A6.