The building contains a large retail area, office space, warehouse/ storage space, a mezzanine, as well as a shipping / receiving area. A February 2021 meeting with Town staff indicated that, although heritage conservation of the existing building and public engagement will be required, there is support for redevelopment and intensification given the Site’s location. The Site also benefits from a long-term parking license with the municipality providing ample parking for commercial uses of the +/-30,000 sq. ft. building area. Concept plans for the Site have been created for up to 12-storeys, 155-units and a total Gross Floor Area of approximately 135,356 sq. ft. The concept plans offer different options for density and parking configuration including one with 2-levels of underground parking and another with 1-level of underground parking and parking at grade (within the existing building area).