Quote:
Originally Posted by wrenegade
I think many people in the neighbourhood will feel this way. Unfortunately it is also impossible. Holborn paid over $300M for the land and there will definitely be 1500+ units. Mid-rise towers are necessary (and yes I consider 10-12 storeys mid-rise).
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It should not be the responsibility of the city to ensure that Holborn makes money off this project, or any other. If Holborn paid too much for the land in anticipation of being able to supersize it with market housing and height allowances, too bad. Their loss. I'd frankly rather see this parcel returned to field for the next decade than concede to a developer's poor business decisions. I realize that agreements have been made "with the understanding of", etc. etc. But I'm just not buying it in this case. As I said, this is a sharp looking development--but too high for where it is. It should be LOW rise, not even mid-rise in this locale.
I think that height in this area is more than a neighbourhood concern.