12-02-2017, 11:43 AM
(12-01-2017, 09:21 PM)tomh009 Wrote: If they aren't under site plan review, they would not be listed. The Drewlo project isn't there, either. If they plan to go ahead, they'll need to get moving fairly quickly, 15 months is not a lot of time for this,
Drewlo definitely wants the building plans in before the deadline. If not they will have to pay 6.6 million in fees. From the Record:
Quote:The extra fees are so significant, they could mean the difference between a project going ahead or not, said Allan Drewlo, vice-president of Drewlo Holdings. His downtown project will build about 450 rental apartments, so it would face almost $6.6 million in regional and city development charges if it misses the deadline.
.......
Meeting the deadline to avoid the millions in extra fees is crucial, said Drewlo, but it's not going to be easy. "It seems like a really long time (until the deadline), but our experience is it can drag on. We'd like to be going right now."