cassius
Active Member
Do you honestly not see the height precedent as being an issue? I quite like these building (even, or perhaps especially, their height) but the problem for me is that it'll apply to much pressure to the immediate surroundings. By that I mean the increase in surrounding property values bring increased property taxes in the area. That means property owners either increase rents to cover (making it difficult for a bunch of really great restaurants and businesses to stay where they are) or it means that they'll need to sell their property to a developer or develop it themselves. Either way that can be a really bad thing for restaurant row and the surroundings. Not only will they likely need to develop their properties but develop them tall, height (and historic building demolition) precedent being set and all. Only what we'll end up with instead of the great neighbourhood we have today is a bunch of mediocre, but very tall condos.
For me, if there were some way to allow these towers to proceed without the risks I just mentioned, I'd be all for it. But once they're up its really as easy as going to the OMB and saying "look, they got 80 storeys and so should I" and developers will get their way.
For me, if there were some way to allow these towers to proceed without the risks I just mentioned, I'd be all for it. But once they're up its really as easy as going to the OMB and saying "look, they got 80 storeys and so should I" and developers will get their way.