MJC
New Member
My thoughts:
1. Inglewood's history is real estate speculators wanting to get the train to inflate their real estate values and make it the core of the city. Beautiful facades, cheap buildings. I would say that density is strongly in favour of that history.
2. Who the developer is matters, of course. You can use all kinds of reasons to not approve something but capability to execute is important. No one wants to spend the resources and time if it is just a guy coming in to upzone and flip the land.
3. ARP's.... I think these are mostly totally useless. Used to gather current resident's opinions on why nothing can ever change except in the smallest, most inconspicuous, ways. A lot of developers will never even read these things because they are looking for what should be there, what people want, what will unlock value on the site.
4. However, I don't think that just handing out free density is the solution either. Edmonton and Calgary should both have some objective cost for additional density / height. In Mexico City, the SAC Tacubaya program allows developers to increase density at a cost of ~ 5% of total cost of land + building. You pay for the right to go above a height, add additional units, and those funds are used to improve local infrastructure.
5. Site is a good location for a commodity rental building. Nothing special, but with good arterial access, it could work.
1. Inglewood's history is real estate speculators wanting to get the train to inflate their real estate values and make it the core of the city. Beautiful facades, cheap buildings. I would say that density is strongly in favour of that history.
2. Who the developer is matters, of course. You can use all kinds of reasons to not approve something but capability to execute is important. No one wants to spend the resources and time if it is just a guy coming in to upzone and flip the land.
3. ARP's.... I think these are mostly totally useless. Used to gather current resident's opinions on why nothing can ever change except in the smallest, most inconspicuous, ways. A lot of developers will never even read these things because they are looking for what should be there, what people want, what will unlock value on the site.
4. However, I don't think that just handing out free density is the solution either. Edmonton and Calgary should both have some objective cost for additional density / height. In Mexico City, the SAC Tacubaya program allows developers to increase density at a cost of ~ 5% of total cost of land + building. You pay for the right to go above a height, add additional units, and those funds are used to improve local infrastructure.
5. Site is a good location for a commodity rental building. Nothing special, but with good arterial access, it could work.