We did it! Thanks to all of you, we won for Kensington Market and Toronto! There will not be a Walmart on the edge of Kensington Market!
Friends of Kensington Market has gotten concessions from Riocan that will lessen the impact of their development on Kensington Market and our neighbours.
Riocan has given up their plan for a giant retail-only development with Walmart as the anchor tenant and brought forward a better plan for Bathurst and Nassau.
Watch here to see what we achieved! : http://youtu.be/oXR7wA3gSjI
And If you’re in Toronto, please celebrate with us at Pedestrian Sunday, July 27th at 6:00 on Augusta near Bellevue Square Park!
Last Monday July 14th, the Riocan proposal for 410 Bathurst St. went before the OMB. As you probably know, Riocan brought forward a new proposal that the City of Toronto accepted. After much behind the scenes pressure and discussion, Friends of Kensington Market got a few more concessions and agreed to withdraw their objection at the OMB. There is much to celebrate:
Firstly, No Walmart! Riocan has agreed that Walmart will not be a tenant in the development for at least 15 years.
And it’s a better building overall:
-The development will now be genuine mixed use, with two floors of offices.
-The retail has been reduced from the original 130,000 square feet to 71,000 square feet; and the single biggest retail reduced from 90,000 square feet to 45,000 square feet.
-A big win for pedestrians: 4.8m sidewalks with trees vs the original 3.3m with no trees; a 24/7 pedestrian walkway connecting Bathurst and Markham Streets and a better transition to the neighbourhood behind via a 45-degree angular plane and a green wall.
Thanks to the hard work of a fantastically dedicated core team of community members, our legal team, city planners, our city councillors Adam Vaughan and Mike Layton, and ALL OF YOU, this has been accomplished without the crippling costs of an OMB hearing.
The developer has not only drastically changed their original plan, they have also recognized that even the revised plan will have impacts on the adjacent neighbourhoods and have made a contribution to FOKM towards our legal costs and towards initiatives to safeguard and strengthen Kensington Market.
FOKM is already at work on projects to strengthen the essentials of Kensington Market: raw food and mixed income housing. Stay tuned!