Belleville, ON K8N4Z2 340 PALMER ROAD

340 Palmer Road, Belleville. Residential Development Land. Lot Size: Approx. 4.65 acres. Strategically located in central Belleville, close to schools, shopping, public transit, Highway 401, and Belleville General Hospital. The City of Belleville has recently updated planning policies encouraging mid-rise and high-rise development. Conceptual drawings have been prepared for this property to illustrate redevelopment potential, including options of up to approximately 459 residential units with 395 underground parking spaces (subject to municipal approvals). These drawings are for illustration purposes only and do not represent final approvals or design. Neighbouring properties are already pursuing mid-rise applications with the City, reflecting strong momentum for higher-density residential development in the area. A prime opportunity for builders and developers to advance a vision aligned with the citys intensification plans. (id:7434)