Staff Report: Residential Development Update

RESIDENTIAL DEVELOPMENT UPDATE

RECOMMENDATION

THAT the report dated April 29, 2026 from the Director of Development Services titled “Residential Development Update” be received for information.

PURPOSE

The purpose of this report is to provide Council with an update on the total number of dwelling units in large projects, including mixed-use and multi-unit residential developments, that are: currently under construction; or approved by Council but not yet under construction (no building permit).

BACKGROUND

At the Committee of the Whole Meeting on April 11, 2023, the Committee requested that staff bring forward an update on approved large projects (mixed-use and residential developments) in the Town to further understand the current and future housing supply being delivered by the development industry.

The last residential development update report was presented at the Council meeting on August 18, 2025. This report gives Council an update on how the large projects have progressed over the last nine months.

ANALYSIS

Figure 1 below is a map identifying the total number of dwelling units currently under construction in the Town, as of April 29, 2026.

Town of View Royal Street Map identifying housing supply projects under construction and recently completed as of April 29, 2026

Figure 1. Map identifying total number of dwelling units under construction or recently approved. The project numbers correlate with Table 1 below.

As summarized in Table 1 below, there is one large residential building under construction in the town for a total of 82 new strata dwelling units. The table also identifies the large projects that have been completed since the last update in August 2025, which includes 313 rental dwelling units.

Table 1. Summary of large developments

Number	Address	Photo	Project Details
1	1449 Burnside Rd W (Aspire)	Photograph of the completed multi-unit residential buildings at 1449 Burnside Rd W	Zoning: CD-24 Zone, Burnside Helmcken Centennial Use: multi-unit residential Total Number of Units: 234 du (rental) Number of Unit Types: 1bdr – 76 du; 2bdr – 132 du; 3bdr – 26 du Affordable/Accessible Units: none Building Permit (BP) Issued: BP issued for all buildings on September 27, 2023, for 234 du Construction Period: 2 years Construction Status: All three buildings are completed.
2	7 Erskine Lane	Photograph of the completed multi-unit residential building at 7 Erskine Lane	Zoning: RM-3, Mixed Residential Use: multi-unit residential Total Number of Units: 79 du (rental) Number of Unit Types: 1bdr – 42; 2bdr – 35; 3bdr - 2 Affordable/Accessible Units: none Building Permit (BP) Status: BP issued on July 22, 2024. Construction Period: 2 years Construction Status: Completed.
3	181 Island Hwy (Portage Park)	Photograph of the multi-unit residential building under construction at 181 Island Hwy	Zoning: CD-27: Comprehensive Development (Island Highway – Portage) Use: multi-unit residential Total Number of Units: 82 du (strata) Number of Unit Types: 1bdr – 63 du; 2bdr – 16 du; 3bdr – 3 du Building Permit (BP) Status: BP issued on April 9, 2024 Construction Period: 2 years Construction Status: 55% completed.

TIME CRITICAL

This report is not time critical.

CONCURRENCE:	Initials	Comments
Chief Administrative Officer	SS	I concur with the recommendation.

REVIEWED BY:	Initials
Director of Corporate Administration	n/a
Director of Finance	n/a
Director of Development Services	LT
Director of Engineering and Parks	n/a
Director of Protective Services	n/a