09-12-2018, 12:58 PM
The short answer is no, there is no plan to allow large-scale development in the townships. See the map here, from the regional growth management strategy summary.
Developers and the region agreed on a compromise that will make some 450 ha of land (about 1100 acres) by next year, with possibly 200 ha made available later. That's a lot of single-family houses and townhouses, but probably not on 30m-wide lots. See the Record story here:
https://www.therecord.com/news-story/568...d-dispute/
As the available amount of land shrinks, most of the housing growth will be rom intensification. Whether condo/apartment towers in the core, or medium-density townhouses/apartments further out, it will add a lot of housing units.
Some people will still want to live in single-family houses, yes. The existing single-family housing stock will not disappear, so there will be plenty of resale opportunities. However, the choices for new single-family houses may grow more limited over time.
Developers and the region agreed on a compromise that will make some 450 ha of land (about 1100 acres) by next year, with possibly 200 ha made available later. That's a lot of single-family houses and townhouses, but probably not on 30m-wide lots. See the Record story here:
https://www.therecord.com/news-story/568...d-dispute/
As the available amount of land shrinks, most of the housing growth will be rom intensification. Whether condo/apartment towers in the core, or medium-density townhouses/apartments further out, it will add a lot of housing units.
Some people will still want to live in single-family houses, yes. The existing single-family housing stock will not disappear, so there will be plenty of resale opportunities. However, the choices for new single-family houses may grow more limited over time.