67Cup
Active Member
Do you have a link re Jennifer Keesmat's opinion?
I don't know how much influence Jennifer Keesmat has on the approval end of things, but she is adamantly opposed to such rapid density increases along the Yonge st. corridor. She appears to ready to fight
tooth and nail against these newer tall proposals until the infrastructure is updated. This means many years before these ever get approved at the height they are proposed at. This is her opinion, and i have
no idea if this falls in line with her cohorts, but expect to hear demands to have these proposals be drastically reduced in size, at least by Jennifer.
Remember that where talking about 1600 condo units to start in the area that people will live in 24 -7 , with each one requiring water for daily kitchen, bath and laundry use !
A Star article today talked about how the various hotel redevelopments in Toronto could threaten up to 2,000 jobs and hurt the tourism industry. It cites the Chelsea Hotel as an example, which plans to retain only 20% of its hotel rooms when it gets redeveloped. There will be a report this fall that will provide a review Toronto's hotel capacity and potential impact of condo development.
http://www.metronews.ca/news/toront...opments-threaten-hundreds-of-hotel-jobs-.html
and I highly doubt redevelopment of one hotel is going to affect the tourism industry. And Airbnb can always fill the gap.
It's not just one hotel. There are at least 8 major ones that will disappear. I doubt Airbnb will replace all of that, and it certainly won't replace the jobs that will be lost.