Quote:
Originally Posted by Canopus
I haven't yet reviewed it but I was under the impression that a goal was to create clear and understandable guidelines that developers want and that use issues would be essentially thrown out. I know there are height restrictions but I thought only for a couple major sites.
What specifically is the issue?
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These are my own observations
Issues: Height, capacity, economics, etc
There will be 70 foot height restriction for most of downtown. The suggested 3 million square feet Capacity is over stated and is more like 1.5 million, of which only half is public owned. The remaining land is government owned.
Reduced height means higher cost per square foot to build and therefore greatly increases the economic rent number developers will need to achieve to make a return. The market will never support these numbers now or many years into the future. Therefore development will continue to stall.
HRM by design makes downtown a museum and is a step backwards. If you read the details it makes new development nearby or the redevelopment of Heritage properties impossible. Heritage properties will now be considered 3 dimensional, and therefore the roofline and interior will need to remain.
It is all agreed we need rules, but these rules are not feasible.