The Ontario Municipal Board (OMB) has approved two future residential housing development proposals submitted by Fortress Real Developments (Fortress).

Lamb Development Corporation (LDC), Hyde Park Homes (Hyde Park) and Fortress are working together on a condominium development located at 53, 61 and 65 Ontario Street and 102 Berkley Street in Toronto. The proposed 25-storey, 276-unit development will be marketed as East Fifty Five, a high-rise building designed by Peter Clewes of ArchitectsAlliance. The OMB approved the Zoning By-Law Amendment and granted Site Plan Approval, subject to approval conditions, in November 2016.

Since the project is already more than 65 per cent sold, LDC, Hyde Park and Fortress hope to begin construction on the project in early 2017.

Fortress is also working with Tercot Communities and Cityzen Developments on a ground-oriented housing development in Nobleton, located within the Township of King. The 52-acre property will include 34 net developable acres to accommodate 150 single-detached homes at an average size of 3,500 square feet. In November 2016, the OMB stated that the project would provide a reasonable, logical and suitable expansion of the urban area boundary for greenfield development in Nobleton.

“The approval of these two projects is a testament to the experience of our in-house planning and stakeholder management team, and the vision and persistence of our development partners,” said Vince Petrozza, COO of Fortress Real Developments, in a press release. “This is just the first step in delivering high-quality housing to over 400 GTA homebuyers.”