A high-rise condominium development to be built on the grounds of a historical church rectory in downtown Oshawa continues to reach higher into the sky before a shovel even reaches the ground, with local councillors being asked to approve a new plan for an 18-storey building at 39 Athol Street.
The Central Clear View Developments project started out as a 12-story tower in 2023 – a year after the 164-year-old Cowan House was torn down – and morphed into a 16-storey, 172-unit building when it was given the green light earlier this year.
With the Region of Durham announcing on May 13 that it is considering eliminating its Regional Revitalization program – an important funding source for the project – the developers have revised the numbers and have submitted new plans for an 18-storey, 204-unit rental apartment building.
The change would increase the project’s post-development assessed value from $115.5 million …