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112 Union St East | 4 fl | U/C
#13
Yeah, if it were simply the corner lot left behind, they might have a point. It would be undevelopable. Though, there's the larger question of how much right landowners have to not be orphaned by refusing to sell to a larger development.

My parents are development consultants, and when designing the Somerset West Community Health Centre, they had a problem of a corner lot refusing to agree to a sale at a market price, believing they had leverage by obstructing the block. They ultimately had the architects start to design a building that could be built without the corner lot. When it became apparent that that they were moving ahead regardless, the lot owner sold at a more reasonable price, because they would have been orphaned.

You can see how the corner is different, partly due to the evolution of the drawings:

[Image: 3361222274_f30b26921d_z.jpg]

If landowners have a right not to be orphaned, as these people on Moore believe, then that gives incredible leverage in sales negotiations.
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Messages In This Thread
112 Union St East | 4 fl | U/C - by Spokes - 02-05-2015, 07:30 AM
RE: 112 Union St East | 4 fl | Proposed - by nms - 02-05-2015, 05:29 PM
RE: 112 Union St East | 4 fl | Proposed - by Markster - 02-06-2015, 12:06 PM
RE: 112 Union St East | 4 fl | Proposed - by nms - 02-09-2015, 12:36 PM
RE: 112 Union St East | 4 fl | U/C - by OrokZin - 12-31-2016, 01:31 PM
RE: 112 Union St East | 4 fl | U/C - by The85 - 01-02-2017, 03:06 PM
RE: 112 Union St East | 4 fl | U/C - by MidTowner - 12-31-2016, 02:47 PM
RE: 112 Union St East | 4 fl | U/C - by Canard - 01-01-2017, 06:34 PM
RE: 112 Union St East | 4 fl | U/C - by Canard - 01-01-2017, 08:32 PM

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