Condos as high as 58-storeys could replace an Oakville McDonald’s
Published February 24, 2023 at 5:54 pm
Three condo towers reaching 44, 49 and 58-storeys have been proposed for an Oakville neighbourhood.
According to a submission that was recently made to the Town’s Planning and Development Council, the condos would be located on a site across from the Oakville GO Station on properties that currently house a McDonald’s restaurant and a Swiss Chalet on Cross Ave. and Argus Rd.
The proposal by Distrikt Developments is to change the existing commercial properties into a mixed-use community comprised of residential units, office space, and stores as well as a large open space for gatherings.
If approved, the development will create more than 1,700 living spaces adjacent to the GO station. There is no word yet if McDonald’s and any other displaced restaurants will return to the site.
At the meeting of the Council, it was pointed out that under current zoning the site only allows up to 20-storeys. The increased height and density have led to some concerns by nearby resident groups who fear that, combined with other condo proposals, will increase traffic in the area as well as put stress on amenities such as schools, parking and bus routes.
A spokesperson for the developer said the plan is to intensify an underutilized site that will revitalize the area with appropriate housing, office and retail space that is close to transportation routes such as the GO station.
Specific plans for the site will still have to go before Oakville planning staff and council before the project can proceed.