245 Riverbank Drive Townhomes

About 245 Riverbank Drive Townhomes Development

245 Riverbank Drive Townhomes is a new town development that is currently in the pre-construction phase by Intermarket Properties, located at 245 Riverbank Dr, Cambridge, ON. 245 Riverbank Drive Townhomes combines urban convenience with rural tranquility. This project’s estimated completion date is still unknown.

Key Takeaways

• The 245 Riverbank Drive development located in the city of Cambridge includes a 109-unit townhouse complex with a mix of 56 stacked townhouses and 53 row house units, aimed at creating a vibrant, inclusive community.
• The development application seeks amendments to designate the land from rural residential to low/medium density residential and includes a zoning by-law amendment to allow for higher-density housing with site-specific regulations.
• The project features thoughtful design with ample green spaces, infrastructure, and amenities such as 239 parking spaces, extensive landscaping, and plans for future residential and commercial development in the area.

Overview of the 245 Riverbank Drive Proposal

The 245 Riverbank Drive proposal is more than just a housing project; it’s a blueprint for a new way of living in Cambridge. This ambitious plan includes:

• A 109-unit townhouse complex
• 56 stacked townhouse units
• 53 row house units
• All divided into 11 blocks

The developer behind this visionary project is Intermarket Cam Limited, a name synonymous with quality and innovation in real estate, located on the strategic Intermarket Road.

The site, located on a 2.85-hectare property at the picturesque bend of Riverbank Drive, currently includes a single detached house, agricultural fields, and natural heritage features. This location offers the perfect blend of urban convenience and rural tranquility, making it an ideal spot for a new residential community.

Creating strong and inclusive communities that are integral parts of Cambridge is one of the key goals of the 245 Riverbank Drive development. This isn’t just about building homes; it’s about fostering a sense of belonging and community among residents.

The project aims to provide a variety of housing options to cater to different needs and preferences, ensuring that everyone can find a place to call home. The proposal realizes this vision by including various vital components, such as a planning justification report and a stormwater management report, underlining the development’s sustainability and environmental friendliness.

These reports play a fundamental role in addressing the environmental impact of the development and guaranteeing effective stormwater management measures. In summary, the 245 Riverbank Drive proposal is set to transform a rural residential area into a vibrant, inclusive community.

With a strategic location, a mix of housing options, and a strong focus on sustainability, this development promises to be a significant addition to Cambridge’s real estate landscape.

Development Details

The comprehensive development application for 245 Riverbank Drive includes several key submissions that aim to designate the land and permit higher-density housing. Among these submissions are a planning justification report, a stormwater management report, and a transportation impact study.

These documents provide a necessary understanding of the project’s feasibility and its impact on the surrounding area. One of the primary components of the development application is the request for an Official Plan Amendment.

The amendment aims to change the designation of the lands from rural residential to low/medium density residential. This would allow for the construction of 56 stacked townhouses and 53 row-house towns with a site-specific policy.

This redesignation is vital to accommodate the increased number of dwelling units and align the development with the city’s growth plans. In addition to the Official Plan Amendment, a Zoning By-law Amendment has also been submitted.

The zoning change aims to allow for stacked townhouses and an increased number of attached units, which will ultimately result in higher density in the area. Specifically, the application seeks to rezone the lands from Residential (H)R4 to Multiple Residential RM4 with site-specific regulations.

Facilitating the proposed development and ensuring it meets the city’s zoning requirements necessitate these changes. The zoning by-law amendment application, discussed in the council chambers, also includes provisions to decrease the side yard setback, minimum amenity area, and visitor parking spaces.

These adjustments are designed to optimize the use of space within the development and provide a more efficient layout for the townhouses. The goal is to create a harmonious balance between density and livability, ensuring that residents have access to essential amenities while enjoying the benefits of higher-density housing.

Overall, the development details highlight the meticulous planning and thoughtful design that have gone into the 245 Riverbank Drive project. By addressing key aspects such as zoning, density, and sustainability, the application aims to create a well-rounded and vibrant community that meets the needs of its residents.

Design and Layout

Optimizing space and community living, the design and layout of the 245 Riverbank Drive Townhomes are crafted with precision. The project features a mix of stacked townhouses and one-family dwelling units, providing a diverse range of housing options for potential residents.

This strategic blend is designed to accommodate various family sizes and preferences, guaranteeing a suitable home for everyone’s needs.

Stacked Townhouses

The stacked townhouses at 245 Riverbank Drive are a testament to efficient and innovative design. These homes feature multiple levels, allowing for more efficient use of vertical space and accommodating more units within the same footprint.

This design not only maximizes the number of homes but also provides residents with a unique living experience that combines the benefits of apartment living with the privacy of a townhouse. There are 56 stacked townhouse units planned for this development, each designed to offer a comfortable and contemporary living environment.

The units span 3 to 3.5 storeys, providing ample space for families and individuals alike. The vertical layout ensures that each unit has its own distinct living areas, while also fostering a sense of community among residents.

Creating a vibrant and inclusive community, the stacked townhouses form an integral part of the development’s goal. By offering a variety of living spaces within a compact footprint, these homes cater to a diverse range of residents, from young professionals to growing families.

The design also allows for more green spaces and communal areas, enhancing the overall living experience.

One Family Dwelling Units

In addition to stacked townhouses, the 245 Riverbank Drive development includes one-family dwelling units in the form of row houses. These homes are designed to offer more spacious living areas, making them ideal for families who need a bit more room to grow.

Each unit features dedicated front and back yards, providing outdoor space for recreation and relaxation. The row houses are meticulously designed to maximize living space while maintaining a comfortable and welcoming atmosphere.

The layout of these homes ensures that families have plenty of room to live, play, and connect with their neighbors. The front and back yards also add a touch of suburban charm, allowing residents to enjoy the best of both urban and rural living.

These one-family dwelling units are a key component of the development’s commitment to creating a diverse and inclusive community. By offering a range of housing options, the project ensures that families of all sizes and preferences can find a home that suits their needs.

The row houses, with their spacious design and dedicated outdoor areas, provide an ideal living environment for those seeking a bit more space and comfort.

Infrastructure and Amenities

The 245 Riverbank Drive Townhomes aim not just to provide living spaces, but also to create a holistic living experience. The development includes 239 parking spaces for residents and visitors, ensuring ample parking for all.

In addition, the project’s planned infrastructure and amenities aim to uplift the residents’ overall quality of life.

Green Spaces and Landscaping

The 245 Riverbank Drive development considers green spaces and landscaping as integral parts of its design. The project includes various open spaces, park blocks, and a future elementary school, providing residents with plenty of opportunities for outdoor activities and community engagement.

These green spaces are designed to foster a sense of community and provide a natural retreat within the urban environment. A tree removal permit is required for trees over 20 cm in diameter on private property, ensuring regulated tree management and the preservation of existing greenery.

This regulation helps maintain the balance between development and nature, making sure that the community remains green and sustainable. In addition to preserving existing trees, the development also includes:

• The planting of over 12,000 native trees, wildflowers, and shrubs across 30 sites in Cambridge
• These efforts support the city’s green space and landscaping initiatives, contributing to a healthier and more vibrant community
• The extensive landscaping plan ensures that residents have access to beautiful and well-maintained outdoor areas.

Future Plans

Looking forward, the 245 Riverbank Drive development represents the inception of a larger vision for the area. Future plans for 895 Riverbank Drive include the growth of a residential and commercial area with approximately 1,203.5 residential units, parkland, and an elementary school.

This larger community will feature mixed-use areas, providing residents with a blend of living, working, and recreational spaces. The future building is part of the broader River Mill Phase 4, which aims to create a vibrant and diverse community with approximately 1,864 dwelling units.

These plans include a mix of residential, commercial, and public spaces, ensuring that the community can grow and thrive in a balanced and sustainable manner. The official plan amendment for these future developments has been meticulously considered to accommodate the maximum number of units and amenities without compromising residents’ quality of life.

A public meeting and consultations with the senior planner have been scheduled to keep the community informed and involved in the planning process. This collaborative approach ensures that the building meets the needs and expectations of current and future residents.

Summary

To sum up, the 245 Riverbank Drive Townhomes represent a significant step forward in Cambridge’s real estate landscape. This building promises to create a vibrant, inclusive community with a mix of stacked townhouses and one-family dwelling units.

The meticulous planning and thoughtful design ensure that residents will enjoy a high quality of life, with access to essential amenities and beautiful green spaces. The building details, including the official plan amendment and zoning by-law amendment, highlight the careful consideration and planning that have gone into this project.

By addressing key aspects such as density, sustainability, and community engagement, the project aims to create a well-rounded and thriving community. As we look to the future, the plans for a larger residential and commercial area at 895 Riverbank Drive promise to further enhance the community.

With a blend of living, working, and recreational spaces, future developments will continue to build on the vision of creating strong and inclusive communities in Cambridge.

Frequently Asked Questions

What types of housing units are included in the 245 Riverbank Drive development?

The 245 Riverbank Drive building includes 56 stacked townhouse units and 53-row house units, offering a diverse range of housing options for potential residents.

Who is the developer behind the 245 Riverbank Drive project?

The developer behind the 245 Riverbank Drive project is Intermarket Cam Limited.

What are some of the amenities planned for the 245 Riverbank Drive Townhomes?

The amenities planned for the 245 Riverbank Drive Townhomes include 239 parking spaces, open spaces, park blocks, and a future elementary school.

What are the future plans for the area surrounding the 245 Riverbank Drive development?

The future plans for the area surrounding the 245 Riverbank Drive development include the growth of a larger residential and commercial area with approximately 1,203.5 residential units, parkland, and an elementary school.

What is the purpose of the official plan amendment and zoning by-law amendment?

The motive of the official plan amendment is to allow higher-density housing, while the zoning by-law amendment aims to permit the construction of stacked townhouses and increase the number of attached units. Both amendments aim to accommodate increased building in the area.

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