Posts: 10,633
Threads: 67
Joined: Sep 2014
Reputation:
348
(08-15-2018, 07:56 PM)Chicopee Wrote: (08-14-2018, 10:11 PM)tomh009 Wrote: We cannot dictate to the owners of private properties that they must build something. We can try to encourage, but we can't force them.
Never did I suggest that we could or would dictate what property owners can do.
Right. So if the owners of vacant land don't want to build, or sell at a reasonable price, developers will redevelop existing properties.
Me, I would like to remove the property tax discount for vacant land, to remove that disincentive to development. (The latest Economist goes further, proposing taxation based strictly on land value, and completely exempting the buildings themselves. With this idea, land would be taxed exactly the same whether it has a parking lot or a condo building.)
Posts: 6,638
Threads: 38
Joined: Aug 2014
Reputation:
110
(08-15-2018, 09:29 PM)tomh009 Wrote: (08-15-2018, 07:56 PM)Chicopee Wrote: Never did I suggest that we could or would dictate what property owners can do.
Right. So if the owners of vacant land don't want to build, or sell at a reasonable price, developers will redevelop existing properties.
Me, I would like to remove the property tax discount for vacant land, to remove that disincentive to development. (The latest Economist goes further, proposing taxation based strictly on land value, and completely exempting the buildings themselves. With this idea, land would be taxed exactly the same whether it has a parking lot or a condo building.)
Is there anything that prevents an Ontario municipality from doing so?
Posts: 10,633
Threads: 67
Joined: Sep 2014
Reputation:
348
(08-15-2018, 11:32 PM)panamaniac Wrote: (08-15-2018, 09:29 PM)tomh009 Wrote: Right. So if the owners of vacant land don't want to build, or sell at a reasonable price, developers will redevelop existing properties.
Me, I would like to remove the property tax discount for vacant land, to remove that disincentive to development. (The latest Economist goes further, proposing taxation based strictly on land value, and completely exempting the buildings themselves. With this idea, land would be taxed exactly the same whether it has a parking lot or a condo building.)
Is there anything that prevents an Ontario municipality from doing so?
No. Here are Hamilton's tax rates, as an example.
https://d3fpllf1m7bbt3.cloudfront.net/si...-rates.pdf
Posts: 720
Threads: 11
Joined: Aug 2014
Reputation:
92
08-21-2018, 01:17 PM
Looks like the vacant spot where Marina's was is going to be parking, at least temporarily.
Posts: 69
Threads: 3
Joined: Mar 2018
Reputation:
4
Not sure if this was mentioned elsewhere, but EuroPro is changing the name of Commerce House to 50Q and they've already started exterior and interior renovations.
More details here:
https://europro.ca/wp-content/uploads/20...ochure.pdf
Posts: 2,015
Threads: 11
Joined: Oct 2014
Reputation:
77
(01-23-2018, 12:31 AM)Pheidippides Wrote: Apparently the owner, "2407850 Ontario Inc.", of 453 Park St in Kitchener, the medical building that was just demolished at Park and Wood, wants to build a "3-story 30-unit stacked townhouse development."
Source: November 15, 2016 committee of adjustment minutes (sorry Kitchener's new system does not link)
I got to it by searching here: https://lf.kitchener.ca/WebLinkExt/Search.aspx
Everyone move to the back of the bus and we all get home faster.
Posts: 619
Threads: 4
Joined: Jul 2016
Reputation:
22
(08-24-2018, 09:49 PM)Pheidippides Wrote: (01-23-2018, 12:31 AM)Pheidippides Wrote: Apparently the owner, "2407850 Ontario Inc.", of 453 Park St in Kitchener, the medical building that was just demolished at Park and Wood, wants to build a "3-story 30-unit stacked townhouse development."
Source: November 15, 2016 committee of adjustment minutes (sorry Kitchener's new system does not link)
I got to it by searching here: https://lf.kitchener.ca/WebLinkExt/Search.aspx
I wish they had added balconies to this one 
Posts: 1,709
Threads: 2
Joined: Aug 2014
Reputation:
35
There's something a bit odd about ground-oriented housing without any real interaction with the ground. If you don't have balconies, if your windows are permanently closed and you don't even use your front entrance (greystones at Allen and Park), it seems very odd, other than it's a size that gets away from the worries of neighbours.
Posts: 4,929
Threads: 155
Joined: Aug 2014
Reputation:
128
(08-21-2018, 04:55 PM)Tony_Plow Wrote: Not sure if this was mentioned elsewhere, but EuroPro is changing the name of Commerce House to 50Q and they've already started exterior and interior renovations.
More details here:
https://europro.ca/wp-content/uploads/20...ochure.pdf
I always thought this ground floor would be perfect for a restaurant with a patio. The patio is essentially there already.
Posts: 996
Threads: 21
Joined: Aug 2014
Reputation:
61
The parking garage at Market Square is getting a new paint job.
Posts: 2,890
Threads: 3
Joined: Mar 2015
Reputation:
99
(09-01-2018, 05:50 PM)jgsz Wrote: The parking garage at Market Square is getting a new paint job.
I just broke my neck, but it's all good, I have excellent benefits.
Posts: 10,633
Threads: 67
Joined: Sep 2014
Reputation:
348
(09-01-2018, 05:50 PM)jgsz Wrote: The parking garage at Market Square is getting a new paint job.
Let's hope EuroPro has grander plans for Market Square than just some paint and new railings for the garage.
Posts: 4,929
Threads: 155
Joined: Aug 2014
Reputation:
128
Posts: 10,633
Threads: 67
Joined: Sep 2014
Reputation:
348
That'd be nice … but given that they are doing a facelift I don't expect demolition is imminent.
Posts: 1,935
Threads: 102
Joined: Aug 2014
Reputation:
18
I seen yesterday that a sold sign was out front of this property at 709 King st E.
http://www.coupalmarkou.com/properties/view/180
|
