New affordable housing project to be part of SoHo ‘renaissance’
LONDON, ONT. — A massive new development that will help fill the city’s housing affordability gap is taking shape in London’s SoHo neigbourhood.
London city council has approved the sale of the remaining former Victoria Hospital Lands on South Street to a newly formed group of non-profit housing developers called Vision SoHo Alliance.
Just over 2.5 hectares on the north side of South Street will be transformed into a mixed-use housing complex. More than 600 units in total will include 300 at affordable rates, the remainder at market rates.
“It’s a little different than the public housing of old days. This is very much mixed housing, so it’ll be a mixed-income community. It’ll be lower-rise development, and some of the towers. It’s just a great opportunity to bring market housing and affordable housing together.”