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Waterloo Region Connected  /  Land Development and Real Estate  /  Urban Areas v  /  Victoria and Park | 25, 36, 38 fl | Proposed


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Victoria and Park | 25, 36, 38 fl | Proposed
nms Offline
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#300
03-26-2023, 08:28 PM
Based on the going rate to develop affordable housing units, $2 million wasn't going to go far anyways (and might only represent the gross sale price of 2-3 units sold in this development).  I would be more upset if the original proposal had promised 200 affordable housing units on site (out of the proposed 1,124) and that number was going to be reduced.  

As an aside, the Rohr Chabad Centre for Jewish Life is currently at 251 Albert St, Waterloo, just north of University.  I wonder if they have plans to build their 48 units of housing on that site, or have some other site in mind.
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RE: Victoria and Park | 25, 36, 38 fl | Proposed - by nms - 03-26-2023, 08:28 PM

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