Downtown Toronto
Active Member
Member Bio
- Joined
- Oct 19, 2016
- Messages
- 536
- Reaction score
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- Location
- Yorkville/Downtown Toronto
The developer has approval from the city and the development will go ahead. This is just nimbyism. The development proposed for this site i.e 8 stories is appropriate to say the least...they could have asked for a lot more, been turned down by the city and then taken it to the OMB and taken their chances and still won more than 8 stories. I'm sure they ( area residents and other people with too much time on their hands) will delay the development as the people named in the article have deep deep Pockets and paying 20 or 30 grand for a planner and a lawyer is not a lot of money for them but at the end of the day precedence has been set and the development will continue on.
I was speaking to the VP of designers walk last year and they actually changed their development proposal across the street (where the subway restaurant currently sits) for a larger building as well.
The issue that the people in the article brought up in my opinion has less to do with shadowing and density and more to do with the well-known fact that the property taxes is going to go up substantially. Taxes will be reassessed again just like what happened this year....even the rich like to pay less taxes. I know of specific examples on Davenport where taxes jumped as high as $16,000 for 2017 versus 2016
I was speaking to the VP of designers walk last year and they actually changed their development proposal across the street (where the subway restaurant currently sits) for a larger building as well.
The issue that the people in the article brought up in my opinion has less to do with shadowing and density and more to do with the well-known fact that the property taxes is going to go up substantially. Taxes will be reassessed again just like what happened this year....even the rich like to pay less taxes. I know of specific examples on Davenport where taxes jumped as high as $16,000 for 2017 versus 2016
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