A development application that, if approved, will clear the way to build four industrial warehouses with a total floor space of more than 1 million square feet, will be considered by the City of Cambridge.
The application is for a section of the North Cambridge Business Park bordered by Intermarket and Allendale roads in the city's north end.
It's there where a company known as iPort Cambridge GP Inc. is dividing 269 acres of farmland, worth an estimated $30 million, into three business park blocks, two park blocks, two open space blocks, one stormwater management block and one walkway service corridor.
The application for 250 Allendale Road, Phase I Block 2 of the North Cambridge Business Park, asks for a change to the city's zoning designation for a portion of the subject lands from open space to industrial in order to permit the proposed development of the plan of subdivision.
The draft plan of subdivision, approved by Cambridge city council in April 2022, implements the approved official plan and zoning framework by creating municipally serviced individual parcels of land with access to the extension of Intermarket Road.
The draft plan includes four blocks for employment uses, two open space blocks, a walkway/service corridor block, a block for an existing communications tower and one future development block.
In total, the nine blocks comprise 116 hectares of land.
The industrial complex was touted to council last year as having the potential to create 1,881 jobs while bringing an estimated $21 million in development charges and $3.7 million in permit fees to city coffers.
