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93-99 Benton St & 39 -43 St George St | 12 fl | Proposed
#31
(08-21-2023, 09:37 PM)nms Wrote: What are the chances that Kitchener (and Waterloo and Cambridge too), might follow Toronto's lead and require that lost units be replaced on site at the same rental rate? That might ease some of the concerns long-term.

I thought that was Ontario law? Skimming now though, I don't see anything about keeping the rental rate, so that is a problem.

Regardless, it's an almost meaningless concession for developers. Next to 0 existing tenants can find a "temporary" place for the 1-3 years it takes for the lot to be redeveloped, and then pack up their new life to move back. Unless you mean Toronto requires the same number of units at the previous rate to be provided regardless of returning tenants (i.e. not related to right of first refusal)?
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#32
(08-21-2023, 10:02 PM)panamaniac Wrote:
(08-21-2023, 09:37 PM)nms Wrote: What are the chances that Kitchener (and Waterloo and Cambridge too), might follow Toronto's lead and require that lost units be replaced on site at the same rental rate? That might ease some of the concerns long-term.

Has it ever featured in any local discussion?
Kitchener staff have been directed to bring back a report (before the end of 2023) looking at rental replacement rules and other tools the city can use to better protect tenants. See Scott Davey's motion near the bottom of this report: https://pub-kitchener.escribemeetings.co...ttachments
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#33
(08-21-2023, 10:02 PM)panamaniac Wrote:
(08-21-2023, 09:37 PM)nms Wrote: What are the chances that Kitchener (and Waterloo and Cambridge too), might follow Toronto's lead and require that lost units be replaced on site at the same rental rate? That might ease some of the concerns long-term.

Has it ever featured in any local discussion?

Not yet.

For the current residents, a replacement unit at a different site might actually be better as they otherwise need to deal with a few years' gap during construction.
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#34
Demolition is now slated for spring 2025 for this project, based on letters sent to current tenants.
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#35
Looks like this one is going to the OLT. Don't know if it's the developer or the tenant group.

https://pub-kitchener.escribemeetings.co...ng=English
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