![]() |
|
417 King St W | 55 fl | Proposed - Printable Version +- Waterloo Region Connected (https://www.waterlooregionconnected.com) +-- Forum: Land Development and Real Estate (https://www.waterlooregionconnected.com/forumdisplay.php?fid=4) +--- Forum: Urban Areas (https://www.waterlooregionconnected.com/forumdisplay.php?fid=5) +--- Thread: 417 King St W | 55 fl | Proposed (/showthread.php?tid=1777) |
RE: 417 King St W | 55 fl | Proposed - ZEBuilder - 10-20-2023 This is going to the next Planning and Strategic Initiatives meeting on the 30th. Staff are recommending approval of the development. The public comments are surprisingly minimal for this development with only 10 members of the public commenting. There were the usual too tall, doesn't fit into the existing downtown comments. There were also comments surrounding 3 bedroom units as well as not enough bike parking. Vanmar has updated the design to include 1 bike space per unit. There has been no 3 bedroom units included but city staff provided an interesting data point in that 27000 of the 3+ bedroom units in the city are occupied by only 1 or 2 people. This means 44% of large units in the city have more bedrooms than people living in them. RE: 417 King St W | 55 fl | Proposed - dtkvictim - 10-20-2023 (10-20-2023, 05:11 PM)ZEBuilder Wrote: There has been no 3 bedroom units included but city staff provided an interesting data point in that 27000 of the 3+ bedroom units in the city are occupied by only 1 or 2 people. This means 44% of large units in the city have more bedrooms than people living in them. A bad way to frame it IMO. The only concern should be if 3 bedroom units fail to sell or are unoccupied, and not about how many people are in them. If an individual or couple sharing a single bedroom want or have need for more space then I don't see the issue and there should be supply to meet that demand. Especially with the increased demand for home offices. If we stopped calling them bedrooms and just called them "rooms" no one would bat an eye. It would only really be a problem if people are stuck in oversized units because there is a lack of smaller units that meet their needs, but that seems unlikely. RE: 417 King St W | 55 fl | Proposed - tomh009 - 10-21-2023 (10-20-2023, 07:12 PM)dtkvictim Wrote:(10-20-2023, 05:11 PM)ZEBuilder Wrote: There has been no 3 bedroom units included but city staff provided an interesting data point in that 27000 of the 3+ bedroom units in the city are occupied by only 1 or 2 people. This means 44% of large units in the city have more bedrooms than people living in them. I think the point is that there is actually a lot of supply of three-plus bedroom units, and the situation may not be as dire as it would appear from just looking at new condo/rental units being built. And that may explain why there appears not to be strong demand for such units (in multi-residential buildings) leading to developers prioritizing one- and two-bedroom units. RE: 417 King St W | 55 fl | Proposed - dtkvictim - 10-21-2023 (10-21-2023, 09:53 AM)tomh009 Wrote:(10-20-2023, 07:12 PM)dtkvictim Wrote: A bad way to frame it IMO. The only concern should be if 3 bedroom units fail to sell or are unoccupied, and not about how many people are in them. If an individual or couple sharing a single bedroom want or have need for more space then I don't see the issue and there should be supply to meet that demand. Especially with the increased demand for home offices. That may be true, but that statistic doesn't seem to relate. Only vacancy rate of 3 bedroom units can tell you that. Even developer preference for smaller units can't tell you that there isn't a shortage of 3 bedroom units, only that there is more demand and/or a more favourable profit margin for smaller units. It might be "non-optimal" when you remove the human element, but on a personal level 1 person or 3 people occupying a 3 bedroom unit are equally valid if it meets their needs. RE: 417 King St W | 55 fl | Proposed - ac3r - 10-22-2023 It's not like we can police who rents what. That's unfair. If someone has the money and wants 3 bedrooms despite not having 3 people that's their right. RE: 417 King St W | 55 fl | Proposed - Spokes - 10-23-2023 Absolutely. Lots of people want a guest bedroom. We have an extra bedroom in our house. Is that an issue? RE: 417 King St W | 55 fl | Proposed - nms - 10-23-2023 Only way that the 27,000 statistic would be relevant would be if only 22,000 of the units were occupied and the rest were empty. The statistic doesn't speak to how many renters are currently in 1 or 2 bedroom units who would like to upgrade to a three-bedroom unit but can't do so due to a lack of capacity. RE: 417 King St W | 55 fl | Proposed - Kodra24 - 10-24-2023 (10-23-2023, 07:28 PM)Spokes Wrote: Absolutely. Lots of people want a guest bedroom. We have an extra bedroom in our house. Is that an issue? Unfortunately we know people that are FOR taxing households with extra bedrooms, smh RE: 417 King St W | 55 fl | Proposed - Joedelay Highhoe - 10-24-2023 (10-24-2023, 02:43 PM)Kodra24 Wrote:(10-23-2023, 07:28 PM)Spokes Wrote: Absolutely. Lots of people want a guest bedroom. We have an extra bedroom in our house. Is that an issue? Who is proposing an extra bedroom tax? RE: 417 King St W | 55 fl | Proposed - Kodra24 - 10-24-2023 (10-24-2023, 03:06 PM)Joedelay Highhoe Wrote:(10-24-2023, 02:43 PM)Kodra24 Wrote: Unfortunately we know people that are FOR taxing households with extra bedrooms, smh I'm not sure if it's been proposed at any particular level in government or not but we heard this pop up a few times as one of the "solutions" to the housing crisis And these are highly educated people spouting this nonsense, I'm really at a loss for words RE: 417 King St W | 55 fl | Proposed - Spokes - 10-25-2023 How could you even enforce that? Would be a logistical nightmare. RE: 417 King St W | 55 fl | Proposed - Joedelay Highhoe - 10-25-2023 Fortunately nobody actually proposed it. It's just a strawman hypothetical for people who like to wring their hands. RE: 417 King St W | 55 fl | Proposed - CuilTard - 10-28-2023 (10-20-2023, 05:11 PM)ZEBuilder Wrote: This is going to the next Planning and Strategic Initiatives meeting on the 30th. Staff are recommending approval of the development. The public comments are surprisingly minimal for this development with only 10 members of the public commenting. There were the usual too tall, doesn't fit into the existing downtown comments. There were also comments surrounding 3 bedroom units as well as not enough bike parking. Vanmar has updated the design to include 1 bike space per unit. There has been no 3 bedroom units included but city staff provided an interesting data point in that 27000 of the 3+ bedroom units in the city are occupied by only 1 or 2 people. This means 44% of large units in the city have more bedrooms than people living in them. Yep. Neighbours got a mailer like this https://pub-kitchener.escribemeetings.com/Meeting.aspx?Id=b1eb441e-d1d9-42c1-8c5b-243a1761a24a&Agenda=Agenda&lang=English and it's the last item 10.5 in part two (6:30 - 10 PM) https://pub-kitchener.escribemeetings.com/Meeting.aspx?Id=b1eb441e-d1d9-42c1-8c5b-243a1761a24a&Agenda=Agenda&lang=English#:~:text=on%20this%20matter.)-,10.5,-Official%20Plan%20Amendment So does that imply it's scheduled to be discussed 9:30 - 10 PM? My only other public comment/concern is the giant F design. Have they considered other letters or if we want to have a 55-story, giant F in DTK? RE: 417 King St W | 55 fl | Proposed - Lebronj23 - 10-28-2023 The design can still change through the SPA process once this is approved. We won’t know what it will look like until it goes into marketing, and even then it can change slightly when built RE: 417 King St W | 55 fl | Proposed - ac3r - 10-28-2023 The F was specifically chosen to send a strong signal to the NIMBYs. Get F'd! Joking obviously, but the tower looks fine. I don't know why this forum seems to dislike it. If you could see a physical model of it or additional renders I think you guys would like it more. |