rbt
Senior Member
It would be within walking distance of the new Sheppard & Mccowan subway station, though would the city approve upzoning that much? Even if only 100 acres out of 148 is converted, that’s still 300 acres of residential floorspace…
The upzoned land around the Richmond Hill subway extension is closer to an FSI of 8 and has a provincial stamp of approval on it. Golden Mile, a Toronto driven proposal, is 3.
3 seems like a very easy win at a Land Tribunal trial if the city did somehow reject it as too dense.
Edit: All this shows is the land must have a very high value to CP as a railway yard, otherwise it probably wouldn't still be a railway yard.
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