Quote:
Originally Posted by yotajoe
There are actually quite a few of affordable housing projects that are being built around the core and the city approved two 17 story buildings that should start anytime soon.
I completely agree that this is not the location for affordable housing. This is one of the nicest properties in the city and it would give some of the best views in the city. It should be priced as so.
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I agree, so that is why what they are proposing for the site makes sense.
Quote:
Originally Posted by ericmacm
Doesn’t explicitly have to be “affordable housing” per se. The whole reason we are in this crisis in the first place is a grotesque lack of supply combined with increased demand. Today’s mid-range housing is tomorrow’s affordable housing so I see nothing wrong with building more mid-range or even slightly higher-end stock.
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It sounds like this will be that. The problem will be whether the market and the price will meet. Condos are not that popular in Sudbury, so they will need to be priced right and finished right to fill it.
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