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Old Posted Jun 9, 2015, 8:24 PM
1overcosc's Avatar
1overcosc 1overcosc is offline
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Join Date: Jun 2013
Location: Eastern Ontario
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Quote:
Originally Posted by MalcolmTucker View Post
The NPV of tear down and create a boulevard versus rebuild is a wash. So is the extra development really going to generate higher returns than less congestion?
Something like 75%-80% of those who work in central Toronto arrive by transit; of those who don't, most take city streets. The section of the Gardiner being debated for removal only carries 1% of the inbound commuter traffic to the core.

Given that, as well as how strong the financial case is for removal, I'd lend my support to removal.
     
     
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