Northern Light
Superstar
When do you anticipate the Wenderly park expansion? I notice the legend has it as a priority..
I expect this will mostly be developers doing off-site acquisitions to meet their obligations, that could be slow.....
The City has done expropriations in the past for park expansion, but doing the whole area here would be a big swallow.
The proposal is to take ~35 houses.
None of them are currently on the market; but area pricing suggests prices in the 1.6 - 2.3M range, so upwards of 70M to buy, ~7M to demolish and backfill and then at least 20M for the new park. Not a small project
My guess is that they add on in bis and pieces until there are only a few holdouts in the way, then expropriation is used.
You might see new bits in as little as 2-3 years, but a complete version is likely a decade away or longer. .




