More than 2,000 new homes planned for Riverside South
City to set special development fee to bring LRT to community
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- Ottawa planning committee approved both zoning applications on Feb. 28, 2019.
- They still need council approval.
Ottawa's planning committee will discuss a pair of applications Thursday that could see Riverside South grow by more than 2,000 new homes.
The new subdivisions would sprout up on former farmland between River and Spratt roads, south of Earl Armstrong Road.
Riverside South Development Corporation — a partnership between Urbandale and Richcraft — wants to build 1,350 homes on two parcels of land, while Claridge wants to build 737 homes on a separate parcel sandwiched in between.
The developers are promising to set aside land for seven years to allow the public and Catholic school boards to each build a new elementary and high school.
Special fee to pay for LRT extension
If the subdivisions go ahead, the homes will be subject to a special development charge specific to Riverside South.
That's to help pay for the 3.4 kilometres of extra rail to bring the future Trillium Line from Bowesville Station right into Riverside South.
The Ontario government pledged $50 million last spring toward that additional stretch of rail.
The City of Ottawa wants to raise another $30 million by charging a development fee above the current rate of $35,000 per suburban detached home.
If city council approves that arrangement at its next meeting on March 6, the new rate will be hashed out in the coming months.
City staff approved draft plans for both subdivisions last fall.
