taal
Senior Member
Slide 20 is the most interesting:
So we can see there will be 2100 above ground parking spaces just to the east of the site. Now for their total parking count in the area. They include 2100 on site, with 130 below grade for now (under the arena) and 1500 at the GO station.
Strangely they're also including the above ground parking at at honey well and the motoralla buildings which is about 1500. Not sure how that will work out on weekdays, those are private. They also side 510 at the civic center.
The one in Ottawa has 6,500 parking spots above ground on site. Of course the transportation there sucks and is indeed better here but I think transit usage will be low to start. They may run into parking issues ...
There total count is 5,900 if you include the offices and the Markham civic center parking ... which is 3KM away !!! ...
Lastly there is this, developers will need to provide the following (that basically means costs will go up by this amount per unit):
Outside Markham Centre:
Singles and semis $5,000/unit
Townhouses $4,000/unit
Condos/Apartments $2,000/unit
Markham Centre
Condos/Apartments $4,500/unit
Townhouses $6,500/unit
I think its a flat fee per unit, there is no end date and it will be indexed to inflation. Essentially a land transfer tax but it only effects new construction.
So we can see there will be 2100 above ground parking spaces just to the east of the site. Now for their total parking count in the area. They include 2100 on site, with 130 below grade for now (under the arena) and 1500 at the GO station.
Strangely they're also including the above ground parking at at honey well and the motoralla buildings which is about 1500. Not sure how that will work out on weekdays, those are private. They also side 510 at the civic center.
The one in Ottawa has 6,500 parking spots above ground on site. Of course the transportation there sucks and is indeed better here but I think transit usage will be low to start. They may run into parking issues ...
There total count is 5,900 if you include the offices and the Markham civic center parking ... which is 3KM away !!! ...
Lastly there is this, developers will need to provide the following (that basically means costs will go up by this amount per unit):
Outside Markham Centre:
Singles and semis $5,000/unit
Townhouses $4,000/unit
Condos/Apartments $2,000/unit
Markham Centre
Condos/Apartments $4,500/unit
Townhouses $6,500/unit
I think its a flat fee per unit, there is no end date and it will be indexed to inflation. Essentially a land transfer tax but it only effects new construction.
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