Quote:
Originally Posted by Drybrain
Sam Austin actually said on Twitter last week that the city owns the original clock tower and has it in storage, if any buyer wants to restore it. I doubt that will happen, but hey, who knows.
|
I learned recently that under the new Centreplan there is an added density bonus that can be achieved through restoration and rehabilitation of heritage buildings. I don't know the exact specifics of how the calculations work but it could mean if the developer restored that clock they could get an increase in the FAR on the lot. Which right now is assigned at 2.25.