06-10-2024, 10:47 AM
(06-10-2024, 10:15 AM)Lebronj23 Wrote: Report calls for selling Kitchener’s Bramm Yards for development
https://www.therecord.com/news/waterloo-...84ffd.html
I feel like this would be a huge mistake. The City's planners are demonstrating that they have Zero Vision for what the site could become. I think the best thing the city could do is develop the street network, install all the service, establish green space and rezone the land. Then sell off each lot to different developers. Selling this site wholesale to one developer is only going to ensure that the site takes 3+ decades to be fully built and we will end up with a bunch of buildings that look the exact same like Barrel Yards. Selling individual lots will also fetch a higher price and more then likely result in the site being developed sooner rather then later, since there will be actual competition between developers to get their buildings to market. They could also approach UW to see if they are interested in expanding their DTK footprint. They want a mix of institutional/ office/ retail and housing, but there are not many developers in this region that build all of those things. Most of our Developers are only building housing.