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Old Posted Aug 25, 2013, 2:32 AM
spm2013 spm2013 is offline
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Join Date: Jan 2013
Posts: 2,312
Quote:
Originally Posted by wrenegade View Post
Why would the federal gov't give the site away? That doesn't make any sense. Either having Canada Lands lease the land or sell it outright are really the only rational options for the taxpayer.

Also, at 52 acres, this appears to be only the Jericho Garrison, not the West Point Grey academy site, correct?

Whatever happens to the site I imagine a gross density somewhere around 2.5-3.0 FSR, and the massing ending up like Little Mountain.
They already gave the city 120-acres of Jericho land back in the 70s (though the city paid $388,000 for 38 of the 120 acres) north of the current garrison.