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I wonder why Victoria can't do it without including Frankenstein monsters.
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Many of Victoria's postwar rules and regulations re: development end up eroding the city's historic built form instead of preserving it or emphasizing it. This needs to be fixed. If a large setback has no precedent then not only should a large setback not be required, a large setback shouldn't even be allowed at all. If a district's historic buildings have very tall ground floors then modern buildings in that district should also be required to have tall grounds floors, etc.
Note that the Frankenstein approach is providing Victoria with a beautifully restored Janion Building instead of a pile of rubble. A few years ago the voices that claimed the Janion couldn't be (or shouldn't be) saved were outnumbering the voices that wanted to rehabilitate it by a thousand to one. Victoria's normal procedure is to demolish outright, lest we forget.
Heck, if modern additions could have saved the Driard Hotel or the Permanent Loan Building or the Campbell Building then I'd be warming up my time machine right now and offering Dr. Frankenstein a big pile of money to go back and do the work.