[Drybrain]

I understand that people are disappointed that there's no affordable-housing component, especially in this neighbourhood, right on Gottingen. In fact, I think there absolutely should be. It's a missed opportunity.

But I also think that getting hysterical about gentrification re: this project is a bit over the top. It's a not a "luxury" development (whatever that over-used word means nowadays), it's a rental building, and the rents are in line with current neighbourhood averages. And as the developer points out, it's adding a fair bit of rental stock to the area, which does have a (modest) effect on keeping prices reasonable.

Overall, it seems like a wash for affordability. It's not going to make the area more affordable, but it's not going to make it less so, either.