Sudbury mayor wants conditions on new rental housing deal with developer
The mayor of Greater Sudbury is throwing his weight behind a proposal that could see 83 new residential units come out of the old Scotia Tower downtown.
It's being proposed by Panoramic Properties -- a rental property developer who also owns the old General Hospital building -- and has been outlined in a city report.
The total cost of the project located at the corner of Cedar and Durham streets is estimated to be $19.8 million.
"At a time when all housing availability is critical, the creation of 83 new residential units in the heart of our city is a significant step in addressing our growing housing needs," Greater Sudbury Mayor Paul Lefebvre said in a statement Monday night.
"A housing project of this magnitude has not been seen in our downtown in decades.
- Download the CTV News app now
- Get local breaking news alerts
- Daily newsletter with the top local stories emailed to your inbox
Top of old Scotia Tower on the corner of Durham and Cedar. Oct. 8, 2024 (Shelley Mayer/CTV Northern Ontario)
If approved, the work would include significant changes to the facade of the building.
It would also help the city boost the downtown population, which is part of its strategic plan and utilizes existing infrastructure.
A grant has been requested from the city of $1.7 million but would also come with economic benefits, with the money coming from the Tax Rate Stabilization Reserve.
Lefebvre said that he'd be willing to support it but wants money from the city to be conditional on two factors: the developer must complete the Scotia Tower project in full and also demolish the old St. Joseph's hospital on Paris Street.
Council will address the issue at the finance committee meeting on Oct. 16.
Scotia Tower on the corner of Cedar and Durham in downtown Sudbury. Oct. 8, 2024 (Shelley Mayer/CTV Northern Ontario)
CTVNews.ca Top Stories
LIVE UPDATES Tracking Hurricane Milton: Millions told to evacuate from worst storm 'in 100 years to hit Florida'
U.S. forecasters are warning of destructive waves, devastating winds and flash floods through the week as Hurricane Milton makes its way from the Yucatan Peninsula toward Florida.
Meteorologist becomes emotional giving update on Hurricane Milton
A seasoned American meteorologist became emotional on air as he gave an update on a major hurricane, later suggesting the reason behind his strong reaction.
'I hope so': Marc Garneau on whether Liberal party still has room for Blue Liberals
Former cabinet minister Marc Garneau, who describes himself in his new book as always-a-Liberal, 'but a decidedly blue one,' says he hopes the party still has room for someone like him.
'Extremely disappointed': Family of homicide victim storms out of courtroom as judge reads decision
Emotions boiled over after a judge acquitted two out of three defendants in a manslaughter case, while the third accused has since died.
WeightWatchers to offer compounded version of Wegovy weight-loss drug
WeightWatchers said on Tuesday it would offer a compounded version of Novo Nordisk's popular obesity drug Wegovy as part of its weight-management programs.
'I find it really disheartening': Family calls out police after Ottawa senior robbed in parking lot
On September 11, 80-year-old Madeleine Gervais was robbed in Ottawa's west end. It happened in the Loblaws parking lot in College Square, when she was approached by a man and a woman who insisted to help her load her groceries into her car.
opinion Tom Mulcair: Conservatives continue to attack Trudeau's potential successors
In his column for CTVNews.ca, former NDP leader Tom Mulcair argues that the dramatic side to Conservative Leader Pierre Poilievre, and his tendency to 'play everything to the hilt,' could well become his undoing.
One American physician's long journey to becoming a family doctor in Canada
An American family doctor is frustrated with what she says has been a challenging two-year-and-counting bureaucratic journey to be accepted into Canada.
Is it safe to buy from Temu and Shein? Here's what Canada says it's doing to try to protect consumers
As U.S. regulators push for an investigation into what they call 'deadly baby and toddler products' from foreign e-commerce sites, health officials in Canada say they haven't determined whether any laws or regulations have been broken.