greenleaf
Senior Member
You are right, it doesn't. But forcing a lower profit virtually guarantees a "value-engineered" design.
I'm not sure this is necessarily true either! And what does forcing a lower profit mean? Who is forcing that?
You are right, it doesn't. But forcing a lower profit virtually guarantees a "value-engineered" design.
Higher profit does not necessarily equal better design.
No, it doesn't, but significantly lower profits practically guarantee poor design, maintenance and care.
Hahaha most likely, they were there to oppose the original height (252m) of Ten YorkAm I wrong to assume all the parties from various nbhd groups and other condo buildings nearby are opposing this proposal based on views and other silliness?
Holy Mackerel, the "Toronto Island Residents Association" a community of freeloaders on Algonquin Island 3km. away, have a say on how to re-shape our skyline,.....Un-freakin-believableThe Pinnacle Residents Association and the Toronto Island Residents Association are both listed as participants, meaning they'll get to present a statement. They can be questioned by parties at the hearing, but without party status themselves, they can't question others.
42
If the only people who get to state their views on changes to our City live adjacent to a development I fear UT would be rather quiet! What's so unbelievable that this group might have an opinion? Just because they are registered as 'participants' does not mean their views will prevail - in fact they may well support the proposal. In any case, the OMB's record would lead one to expect the developers to get their way.Holy Mackerel, the "Toronto Island Residents Association" a community of freeloaders on Algonquin Island 3km. away, have a say on how to re-shape our skyline,.....Un-freakin-believable
It's in the city's interest to have a well designed, strong and successful development on this plot. To simply say "it's the developer's problem" doesn't answer the city's needs.
If there isn't significant profit opportunity, it reduces the list of interested developers and consequently we end up with a poorly designed development, built cheap and poorly operated and maintained. Frankly we have enough of these kind of developments, we need something much more and simply throwing zoning requirements at it doesn't solve the problem. There has to be balance to attract better developers.
What are you implying the city should do if a developer paid too much for a property? Bend over and give them whatever they want?
It should be obvious by now that I'm a supporter of stronger zoning controls which takes the guess work out of property value. At the same time, some are getting caught up in bidding wars and putting forth ridiculously dense proposals to make up the difference. I hardly call this great city building from developers either.