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Originally Posted by worldlyhaligonian
This is something we agree on. It is economics... but incentives change calculations. Heritage and development should be hand in hand... unfortunately the heritage groups have not been fair.
Ultimately, being against development on neighboring lots will cause more and more heritage buildings to fall into disrepair, as there will be no economical use for them.
Of course the opponents don't undertand economics or how europe has managed to save much of their core due to development.
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Completely agree - it may have to do with the way the legislation that creates the heritage rules is governed. I would hope there would be some tax incentives to help encourage and I completely agree the idea of capping height because of heritage makes no sense, if the reno can't achieve a profit.
The economics are just as important, otherwise - why keep the building?
There is a building here in Calgary that is on the heritage list - that had a modern addition to the roof. Now Calgary isn't a great example of heritage preservation but this one building was a good example of working together (planning, heritage and taxation) that found a way to rezone the property, give it more height, retain and upgrade the heritage building and still get a small addition to it.
Here it is. It's the building with Country Furniture.