First Avenue is getting a new three-storey commercial-residential development at the former site of Syd’s Place, which was destroyed by a fire in 2005.
The commercial component of the building will house almost 5,000 square feet on the main floor. There will be indoor parking on the second floor (accessed via the rear alleyway) with an additional 1,500 square feet of office space. The third floor will contain four residential units.
“Not only is it a handsome-looking building, but it’s nice to see a development downtown,” said Coun. Paul Horn.
Although there are three retail spaces, developer Darren Hall said one tenant could take the whole floor.
The building design includes hardi siding, wood and bricks that will contribute to the “heritage look” encouraged in new developments in the district, according to architectural drawings provided by the developer.
Although one resident expressed concerns about an increased strain on parking, the Downtown Business Association has stated it is satisfied with the 10 parking spaces the development will provide.
Coun. Jenny Stevens said, “10 spots is 10 spots more than we had.”