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Waterloo Region Connected  /  Land Development and Real Estate  /  Suburbs v  /  1668 King Street East | 22+23 fl | Proposed


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1668 King Street East | 22+23 fl | Proposed
nms Offline
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#39
10-02-2022, 11:20 PM
I think it would be entirely reasonable to negotiate a 1:1 ratio of new market rate floors with affordable housing floors for projects that want to go above and beyond what a site is currently zoned for. Maybe boost it to 1:2 if a project is eliminating existing affordable housing (I think Toronto has something that forces the replacement of demolished units on site). It would satisfy some of the cynicism about the development industry.
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RE: 1668 King Street East | 24+25 fl | Proposed - by nms - 10-02-2022, 11:20 PM

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