Posted Jun 29, 2017, 2:16 PM
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Registered User
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Join Date: Jul 2013
Posts: 337
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"Lol why not do a ten storey etc"
10 story is not economic. If you're going to do the work to build a concrete tower, need to go 20+ stories to make it worth your while. Wood frame is only allowed up to 6 stories.
This is playing out in Port Moody right now, where part of the city near the skytrain was zoned for up to 12 stories but developers weren't interested, now they are considering re-zoning to permit a mix of 20+ stories concrete towers and shorter woodframe buildings.
A quote from the open house presentation on the changes to the plan: "Developer roundtables (March 2015): Mid-rise (7-12 storey) not economically viable. Market supports 4-6 or 18-20+ storey forms"
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