Massive Preston tower proposal could be lowered to 16-storeys, from 40
Posted Jul 21, 2026 08:43:05 AM.
Last Updated Jul 22, 2026 09:09:53 AM.
Cambridge City Council will get a look at a new staff proposal Tuesday that recommends cutting over half the height of a controversial development pitched for Preston.
Back in April, ABS Space Investment Corps came to the city looking to build a massive 475-unit, 40-storey mixed-use tower in the heart of Preston. If approved, the 40-storey building would have been the tallest tower in Cambridge.
The development in question would cover the lots on 210, 218, 226 King St. E. and 229 Queenston Rd., which currently house a restaurant, parking lot, office and detached garage.
The plan saw significant backlash from the community, with many residents raising traffic, green space, and height concerns.
On Tuesday, staff are recommending slashing the height to 16 storeys, with a three-storey podium.
“The modified amendments represent appropriate intensification within the built-up regeneration area and support commercial growth in the core area, consistent with Provincial, Region and City policy direction,” reads the report.
“The height and massing of the (original) proposal is not supported by staff.”
Parking is not mentioned in the proposal, as it sits on a Major Transit Station Area, with the ION set to travel through the site once Stage 2 LRT is completed from Kitchener to Cambridge.
“Development will be restricted in the southeast corner of 226 King St. to protect for the future installation and operation of the LRT infrastructure,” said staff.
The modified plan comes up for discussion on Tuesday night.
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