February 5, 2021 · 0 Comments
By Sam Odrowski
A boost in housing is on the horizon for the Town of Orangeville as it currently has a little over 2,000 residential dwelling units on the books, waiting for approvals or to be built.
Of those, a total of 106 residential units received land use approval by Town of Orangeville staff in 2020.
One of the most significant developments approved last year is at 515 Broadway, featuring a six storey, 161-unit retirement home, along with 18 two-storey townhouse dwellings. A 40-unit townhouse development was also approved for 62A-68 First Street.
Another approved project is at 670-690 Broadway, entailing a 33-unit townhouse development.
“It is nice to see we have some significant investment that is on the horizon, or at least the consideration of development in our community,” said Coun. Joe Andrews during a regular Council meeting on Jan. 25, when discussing the Town’s planning application summery for 2020.
Mayor Sandy Brown agreed, noting the long list of applications and approvals wasn’t unexpected, considering the demand for housing across Orangeville.
“It’s not surprising, the real estate market in this area is on fire right now and it’s not surprising to see that developers are wishing to move their inventory and production, and so we’re seeing a lot of that activity,” he noted.
One of the most significant applications awaiting approval that was received in 2020 include 780 Broadway, which is the development of four townhouse blocks containing 54 dwelling units and a commercial block consisting of nearly 1,000 square meters of retail space. Another large scale application awaiting approval that’s a little less impactful to residents, is an approximately 51,720 square foot expansion to the existing Hoffman Plastics building.
It’s interesting to note, when looking at residential development within the Town of Orangeville, apartment units take up 55 per cent, and townhouse dwellings account for 45 per cent.