Quote:
Originally Posted by Policy Wonk
Yup, that is why Greenview works - it is an industrial wasteland but it is a small industrial wasteland. Redeveloping industrials areas is nearly impossible because they are huge and there is always another block of blight. Greenview Industrial is small, has explicitly defined boundaries and is already in close proximity to community amenities in the surrounding area.
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A not small, be blight of Deerfoot and the industrial on the side of deerfoot will still exist.
B No one wants really wants to live next to a rail line.
C The legality of expropriating property to change the zoning and reselling to a developer is dubious. (If this possible then expropriate Sunnyside) Losing a job is right up there with losing a home. At least with losing you home your compensated.
D The carrying costs required to purchase all the land that you expropriated makes a Subway seem cheap. Especially seeing how fast developers snapped up East Village. How many years did that take? To buy all the land your could be talking 3 billion? @ 8% for 10 years.
E Then there is demolish costs and reclamation costs. Both time and money.
F The land would have to be developed in a way that there is profit, industrial land is expensive, way more then farmland, so you would have to build big to breakeven.
G Brings us back to time to develop all that land, building big means lots and lots of unit and who knows how long it would take Calgary to absorb that much excess inventory.
H Road infrastructure, the current system is bounded (/w no access) on the north by McKnight, East by Deerfoot, and West Nose Creek. 32 ave connector is not going to be enough to handle the amount of people we're talking about. So now we have to look at bridging Nose Creek and upgrading Edmonton trail, likely an interchange at Edmonton trail and McKnight as direct access to McKnight is impossible. Direct Access to Deerfoot is impossible, flyover is possible but then your in the blight of another industrial area.
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