Republic also received full zoning approval for
3 Swift, a 598,430-square-foot high-rise on Eglinton Avenue East. The
Arcadis IBI Group-designed project will have 857 units in two towers and a podium, as well as providing parkland.
Sixty-one of the units will be affordable rental replacements. It hasn’t yet been decided if the rest will be market-priced rental apartments or condos.
The project is a partnership between Republic and landowner
Silver Hotel Group. The privately owned hotel investment, development and management company, based in Mississauga, has a portfolio of 22 hotels in Alberta, British Columbia, Ontario and Quebec.
“We were retained to manage a development program on a number of parcels that they own,” Young explained.
Site-plan approvals are still needed for both Bellwoods House and 3 Swift.
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