Report to: Development Services Committee Report Date: February 3, 2009

SUBJECT: Extension of Site Plan Endorsement

Proposed Office Building

80 Minthorn Boulevard

Wemat Four Limited

File No: SC 05 016629

PREPARED BY: Geoff Day, Planner – West Development Team

BACKGROUND

On February 7, 2006, the Site Plan application (SC 05 016629) submitted by Wemat Four Limited for an eight-storey professional office building at 80 Minthorn Blvd (figure 1), was endorsed in principle, subject to conditions including the following:

“3. THAT this endorsement shall lapse and site plan approval will not be issued, after a period of three years commencing February 7, 2006, in the event that the site plan agreement is not executed within that period;”

On November 24, 2008 the Owner submitted a letter to Staff requesting an extension of the Site Plan Endorsement to February of 2012 (figure 2). The letter outlines an inability to secure a major tenant that meets the leasing requirements of the Owner in order to proceed with financing and construction of the development due to the current state of the economy.

As all that remains outstanding in order to obtain Site Plan Approval is the execution of the Site Plan Agreement, Staff have no objections with extending the Site Plan Endorsement to February 3, 2012.

RECOMMENDATION:

THAT Condition 3 of Site Plan Endorsement dated February 7, 2006 for the development of an eight-storey professional office building at 80 Minthorn Blvd, be revised to extend Site Plan Endorsement for an additional 3 years to expire February 3, 2012;

AND THAT all other conditions of Site Plan Endorsement dated February 7, 2006 continue to apply.

RECOMMENDED BY:

__________________________________ ___________________________________

Biju Karumanchery, M.C.I.P, R.P.P Jim Baird, M.C.I.P, R.P.P

Senior Development Manager Commissioner, Development Services

ATTACHMENT: Figure 1 – Location Map Figure 2 - Letter from Owner