. Assuming the proposal is approved, they plan to build a two-tower purpose-built rental project consisting of 330 units, with retail and amenities.
“Obviously, it gets more expensive as you get bigger, and they are not cheap. But at any given time, a building is going to need a coat of paint anyway. This adds value to a building in so many different ways that you can’t compare them.” As well, a leased site offsets the carrying costs – and an empty building quickly falls into disrepair and can become a danger zone.
She lives in a small rental building nearby that is older and will likely get redeveloped since it falls within the Broadway Plan, the city’s recently approved development plan that. Like a lot of people, she’s concerned about being squeezed out of her community, but she’d rather find a workable solution than mount protests about rising prices.
Car Car Latest News, Car Car Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »