Frank_Lee
Active Member
Then you have to deal with local politics and NIMBYs. I doubt that those towns would appreciate Mattamy putting up a few thousand homes nearby. Transportation amenities have a very large positive externality (basically the option value of being able to take the train/plane/bus or ship with it), but you need to be close for those amenities to matter. The Station itself is the most valuable real estate.There are 2 stations between Ottawa and Montreal that are in ON; Casselman and Alexandria. Why not just build on the edge of those towns? It sounds like it would be easier than a greenfield build.




