(07-27-2023, 01:27 PM)panamaniac Wrote: Sometimes I wish that zoning changes were directly tied to development proposals such that, if the land is sold before the project is built, the original zoning is reinstated.
The main benefit of this is that once it's rezoned, it should streamline the process for a new developer to buy up the property, hire some architects and then get a building constructed ASAP. But it is very annoying when a group like Vive Development teases a proposal to the public, wastes the time of a planning company, architectural firm, city planners and council usually with zero intent to actually build what they proposed. An example is their 50 Borden project. If council does approve that zone amendment and Vive goes on to sell it, at least someone else can get to work quicker and propose something significant without having to deal with a torrent of NIMBY nonsense...but I have about a 0.1% expectation that Vive actually does build a pair 51 and 57 floor skyscrapers there. That proposal seems like a guaranteed flip.