ciceror
Active Member
There is plenty of space to build over on the tracks on the east of the CIBC square in the future maybe
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Rail Deck Park (?, ?, ?)
- Thread starter DSC
- Start date
turini2
Active Member
Tory statement.
ciceror
Active Member
"possible impact on the future of Rail Deck Park"
denial is the first stage of grief
denial is the first stage of grief
W. K. Lis
Superstar
Wonder if the City of Toronto can "expropriate" the land for the rail deck park? Could end up being tied up in the courts until after the next provincial election.
TJ O'Pootertoot
Senior Member
Sure they can. At "fair market value."
For downtown Toronto lands, officially designated for highrise develpoment, what do you figure all that land is worth? $100 million? $200 million? Just to get the land, before building the $1B+ park itself?
Since Tory asked all these people whether they want buildings or parks, he can now back to them with exactly how much their taxes will go up to pay for the thing they definitely wanted.
karledice
Active Member
Sad and disappointing of LPAT. Did not expect that
TRONto
Active Member
Hrmmn, not the worst thing in the world if it actually happens. Rail Deck Park while great, I wasn't sure if it would ever see the light of day.
Even with this decision, the build out is probably a couple decades and I wonder if it still happens at all. Will they have the potential ROI to build this?
Even with this decision, the build out is probably a couple decades and I wonder if it still happens at all. Will they have the potential ROI to build this?
Allandale25
Senior Member
allengeorge
Senior Member
An alternate view:
FWIW, I would much rather a rail deck park here, but I've no idea if Mayor Tory would have been able to make that happen.
FWIW, I would much rather a rail deck park here, but I've no idea if Mayor Tory would have been able to make that happen.
TJ O'Pootertoot
Senior Member
These are two smart urbanist guys.
I think Meslin is correct - it's new parkland, it's an actual plan with actual $ behind it and actual land ownership.
In a perfect world, the City would have a blank slate, put aside land for parks and urbanize around it. In reality, the City is built, someone else owned the land and you're getting more than you're losing. Purely as a taxpayer, Torontonians are coming out ahead here.
ssiguy2
Senior Member
This is a glorified walkway but not a park. Light years ahead of what it looks like now but a real opportunity missed. I am curious however, this is just the planning dept isn't it? Seems Tory is against it and doesn't it have to pass City Hall before approved?
Also this only goes to BJ Way so what are the City's plans for the remaining rail corridor from BJ Way to Union and even east of Union to Sherbourne for that matter?
Also this only goes to BJ Way so what are the City's plans for the remaining rail corridor from BJ Way to Union and even east of Union to Sherbourne for that matter?
TJ O'Pootertoot
Senior Member
The City refused it and went with their park plan.
The decision was appealed to the LPAT.
The City lost (and big, apparently, though I have to to see the ruling).
So, that's the end of that, subject to the details they can still negotiate through the site plan process etc. There's room to improve things but the big decision points for the City are now done.
nfitz
Superstar
Looks like most of the rail corridor will be park in this proposal. Much of the development is on top of the rail yard.
I wouldn't want to throw out the baby with the bathwater.
I wouldn't want to throw out the baby with the bathwater.
ssiguy2
Senior Member
Thanks for the info.
So now that this is basically just a development { admittedly with a decent greenspace and public realm} who is going to foot the bill and what is the timeframe?
Undead
Senior Member
^The $1,500 psf sale prices will foot the bill 