Quote:
Originally Posted by Good Baklava
It’s definitely good to hear some signs of progress, I remember attending the meeting when it was unveiled a few years ago. Because of the extended timelines involved in planning the site, I’m really hoping to see a higher standard of development to reflect that. I think it’s worth waiting for the results before unleashing a tirade that reads like a cheap copy of an already downmarket Toronto Sun article.
|
To be clear I don't really have a problem with Shannon Park per se, and the slowness of planning may indeed make the outcome nicer (we can't really know from these documents so far). I see a pattern of these large developments taking unusually long in Halifax, sometimes a decade or longer, although it seems like there has been progress on a few of them. The speed of developments is linked to the housing supply which is linked to prices.
Given the scale of Shannon Park I'd guess that it alone could have significantly reduced pressure on rental rates in the metro area if it had been planned as non-luxury market rate rentals that has started to come online by 2018 or so with a bunch of streets having been laid out already to allow for scaling out the development faster as demand dictates.
Cogswell, the old school sites, Shannon Park, RCMP, etc. etc. They all add up to quite a lot of potential housing in areas that people want.