Quote:
Originally Posted by rofina
The rezoning application for this project was submitted on April 23, 2013.
5 years and 3 months ago.
The project is a hole in the ground today.
Say 2 years to complete.
It will be over 7 years from rezoning to completion.
This has ALOT to do with our housing crisis. Alot.
A 7 year delay in response to demand is so far beyond ridiculous that it hurts me to comprehend.
|
Not to mention that each unit is freakin expensive for such an ordinary building. Got to do with the added costs of demolition and affordable housing built for the city. I feel sorry for the stakeholders, and this will certainly caution other developers that developing something in Vancouver is a lot harder and way more tedious than if they were to do it somewhere else.