This one should coming up for debate at 5:30pm MST:
http://councilontheweb.edmonton.ca/
http://councilontheweb.edmonton.ca/
Notwithstanding the other Development Regulations of this Provision, the
Appendices of this Provision and Section 720.3(2) of the Zoning Bylaw, in the
event that the owner/developer does not obtain a Building Permit and commence
construction of the principal building under a valid Development Permit within 10
years of the passage of the Bylaw adopting this Provision, development of the Site
shall be in accordance with this Provision, except that:
i. the maximum Height shall be 50.0 m; and
ii. the maximum Floor Area Ratio shall be 6.0.
Unless you like parking lots...IMO still doesn't do much for blunting exploitation to increase land value. In L.A. as a comparison, once zoning has been approved and a development permit has been issued, the developer has 18 months to get a building permit and get a shovel in the ground. There is a provision to extend that (for a fee each time) 3 times in 6-month increments -- total 3 years. 10 years is way too long.