Quote:
Originally Posted by TallBob
"Air rights".... Developers start paying for that and it makes me think something fairly tall will go on that site. Maybe, maybe much taller than 40 floors! IMO.
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Selling air rights isn't uncommon in this situation, likely though you would hear it referred to as a joint venture.
What's going to be interesting is how they achieve the requirements for a loblaws/large format retail while providing the required structure for the residential above.
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