trevorhayden
Active Member
Most new infill are apartments. While row houses and basement suites are nice, they actually make up a very small proportion of new infill.
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I know a bit about this one, it was in the works before the parking minimums were removed and has a few levels of underground parkade under the whole project. I think it still meets the old parking minimums.Was perusing Google Maps when I noticed this interesting apartment development in Abbottsfield on what used to be parking lots. I suspect that this is another one of those developments that was only possible thanks to the removal of parking minimums. All-in-all, another win for more housing.
Unlike Europe and some other places, we in North America are long used to development based on a limitless supply of land. Well in more popular areas that supply is now quickly starting to run out.Opinion: Lowering Canada’s high housing costs is also a recipe for raising our notoriously low productivity
Highly restrictive zoning in economically dynamic places not only raises housing prices there, it leads to lower economic output nationwidewww.theglobeandmail.com
While nice, this is also a chart showing why developing unused land is often disincentivized by the current property tax structure. There's very little reason that an unused lot shouldn't be taxed, at the very least, based on the value of the average SQ ft of land in the neighbourhood. De-risk development as much as possible.This is from Janz’s Twitter but it’s incredible seeing the numbers for some of the larger apartment infills.View attachment 573796
Does anyone know why the westmount property would have had zero tax revenue for two years. Isn't vacant land taxed?This is from Janz’s Twitter but it’s incredible seeing the numbers for some of the larger apartment infills.View attachment 573796
Says right on the footnote. Was owned by the City for those years while they built the supportive housing development on it so it was tax exempt.Does anyone know why the westmount property would have had zero tax revenue for two years. Isn't vacant land taxed?
There’s a thread going for that project here: https://skyrisecities.com/database/projects/49-west.48186This is an under the radar development - atleast for me. This is just north of the Lynnwood McDs on 149 St and 87Ave - immediately west of Bon Ton Bakery.Digging just started a couple days ago. Last I saw, I thought this site was supposed to be a half dozen, or so, townhouses.
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