This week, City of Hamilton staff presented a report recommending Waterfront Shores Corporation as the Preferred Proponent of the Pier 8 Development Request for Proposal (RFP) process. The announcement comes following a thorough and comprehensive evaluation process of four received proposals. Hamilton City Council will meet on June 13th to consider final approval of staff’s recommendation.
Staff from the Planning & Economic Development Department are recommending that Waterfront Shores move to the final stage of the solicitation process for the Pier 8 development opportunity. This includes exclusive negotiations for the purchase and development of the Pier 8 lands on the basis of its winning proposal.
The staff report did not contain any recommendation regarding the former Discovery Centre building also located on Pier 8. The former Discovery Centre site, which did not form any part of the RFP, will be addressed in a future, separate staff report for consideration by GIC.
Upon a successful negotiation of a development agreement with the preferred proponent City staff will come back with an Information Report with a summary of the four proposals.
Quick facts about The Waterfront Shores Corporation
- Core team members: Cityzen Development Corporation, Fernbrook Homes Group, GFL Environmental Inc., Greybrook Realty Partners Inc.
- Architectural design team: KPMB Architects, gh3 Inc., Omar Gandhi Architect, superkül
- 1,292 condominium units spread across 20 separate buildings. At-grade townhouses located on all 8 residential blocks;
- 65 units (5%) will be administered as affordable housing by Habitat for Humanity Hamilton who will ensure continuity of affordability for at least 15 years. 100% of these affordable units will be 2-bedroom or larger and distributed throughout the development;
In a prepared statement, Mayor Fred Eisenberger also celebrated the project:
The Pier 8 development opportunity represents the culmination of nearly 30 years of political and financial commitments from past and present Councils, along with partners at other levels of government. I commend the teams that came forward to express interest in redeveloping Pier 8, and look forward to seeing the visionary concept of The Waterfront Shores Corporation become a reality for all Hamiltonians – and visitors to our city to enjoy.
You can find the rest of Mayor Eisemberger’s statement here.