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Waterloo Region Connected  /  Urban Issues  /  Urban Issues v  /  Accessible housing issues


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Accessible housing issues
tomh009 Offline
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#2
06-02-2021, 10:18 AM
(06-02-2021, 09:46 AM)IronDev Wrote: Midrise is very hard for developers to pull off too. 

Even if a developer wants to come in and do some cool 4 storey building, landowners don't care. If a landowner if remotely able to get highrise land prices, then that is all they will accept. So developers are forced to pay so much for land, that the only feasible project is a highrise.

Landowners will send the land and the developers will buy it, somewhere near market value for the land (market value, is by definition, the price that buyers and sellers agree to).

At the moment land very close to City Hall is quite expensive so most projects are tall, but both 345 King St W and Mayfair are mid-rise buildings. Further out there are many more mid-rise buildings (5-10 storeys) being built: Barra, The Scott, 66 Civic, Market Flats, Otis, Ophelia etc.
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Messages In This Thread
Accessible housing issues - by IronDev - 06-02-2021, 09:46 AM
RE: City Centre/Young Condominiums | 17, 25 & 6 fl | U/C - by tomh009 - 06-02-2021, 10:18 AM
Accessible housing issues - by tomh009 - 06-02-2021, 05:13 PM
Accessible housing issues - by ijmorlan - 06-05-2021, 08:52 AM
RE: Accessible housing issues - by Bytor - 06-07-2021, 10:31 AM
RE: Accessible housing issues - by danbrotherston - 06-07-2021, 12:52 PM
RE: Accessible housing issues - by ijmorlan - 06-07-2021, 01:02 PM
RE: Accessible housing issues - by ijmorlan - 06-07-2021, 12:56 PM
RE: Accessible housing issues - by Bytor - 06-08-2021, 09:17 AM
RE: Accessible housing issues - by ijmorlan - 06-08-2021, 04:36 PM

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