Builder eyes mixed-use development for long-vacant Centretown lot

Bank and Florence building
Bank and Florence building

A long-vacant lot at a prime Centretown intersection is the site of a proposed mixed-use development that would include residential units and ground-floor retail space, according to plans recently filed at City Hall.

Ottawa Carleton Construction has submitted an application to construct a six-storey building with 30 suites and about 1,500 square feet of commercial space at 406 and 408 Bank St. on the northwest corner of Bank and Florence streets. 

The application does not specify whether the units will be rental apartments or condos.

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According to planning documents, the development would also feature nearly 2,000 square feet of amenity space on the lower level. The builder is proposing just one parking spot, which is designed to be a shared loading and visitor space.

The property has been vacant since 2002, when the previous building on the site was destroyed by fire. In 2012, the city’s planning committee approved another developer’s proposal for a six-storey mixed-use building on the land, but the project ultimately fell through.

“The current proposed development is comparable to the prior approved development application in that it represents a similar scale and form and contains similar elements including at-grade commercial, upper-level residential, masonry material, ground-floor articulation and upper-storey setbacks and transitions,” the new development application says.

The site is zoned traditional mainstreet, permitting a broad range of residential and commercial uses. The developer is requesting minor amendments to accommodate smaller setbacks and a slightly taller building than the current 19-metre limit allows.

In addition, the proposed development will require a heritage permit due to its location in the Centretown Heritage Conservation District. A heritage permit was issued for the previous development proposal in 2012.

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