East Junction | 86m | 25s | Regency Developments | DER + Associates

[SarcasticMarmot]

Many of those green apartments weren't particularly attractive, but they were almost all occupied until fairly recently.

This right here! Those townhomes were definitely ugly and well past their due date, but they were some of the cheapest rents on the market for very low income families. That had real worth in a city with a waitlist for social housing measured in decades with over 10,000 families on it. There are very few units that are large enough for a family of 6 but affordable on income support or working tenuous minimum wage. It's even more galling that they were demolished for things to sit so vacant.

 

[David A]

Exactly. If you're going to bulldoze some buildings, even craphole buildings, please build what you plan to build.

I feel the tax rate on a lot should be doubled or more when a building it torn down, to give incentive to either not do it or replace it quickly.

In combination with strong rules on derelict residential and commercial buildings this would solve most of our problems.

 

[NicolBolas]

I feel the tax rate on a lot should be doubled or more when a building it torn down, to give incentive to either not do it or replace it quickly.

In combination with strong rules on derelict residential and commercial buildings this would solve most of our problems.

Im going to use my industrial background mostly from outside of Canada to give an opinion on this.

The city needs to have more teeth in it's development permit. I would stipulate that in order to get it you need to provide a project start date, with 1 year of grace time. Past that I would start to impose liquidated damages up to 10% of project cost, plus 100% recovery of tax based upon approved permit after one year. Of course they can provide clauses or force majeure that would extend the terms of the agreement.

 

[wormwood]

BP approved for demos of 6 more buildings.

 

[Edmcowboy11]

I was looking at the property today as I passed by on the LRT and it looks like almost most of the buildings have been torn down. Also though it looks like there is some possible work going on in the pit right alongside the finished buildings. It just appears that it's probably foundational stuff but it's more than nothing. Anyone hear about what is going to be built next?

 

[MacLac]

If you go back to the last page of this thread, a BP has been issued and according to @Canadian 001 - there is already work started, similar to your observation of work starting on the "other side" of the pit.

 

[Edmcowboy11]

If you go back to the last page of this thread, a BP has been issued and according to @Canadian 001 - there is already work started, similar to your observation of work starting on the "other side" of the pit.

Okay thank you I'll have a look at that.