Quote:
Originally Posted by logan5
Which sites downtown that allow towers haven't been built yet, or aren't in the process? Or in the rest of the CoV. I can't think of an area that allows towers that is sitting dormant. It's been my experience in this city that if a planning policy allows towers, they get built as soon as possible. And I did say "almost" full build out.
|
There are still industrial buildings on Homer and a couple of surface parking lots on Seymour and Richards that have stayed undeveloped in over 30 years, for example. Quite a few West End projects are also approved, but have yet to be built, like Curv, or Monogram at Burrard and Davie. And there are tower sites on Robson and Davie where the project has failed to sell.
There are at least 100 rental towers already submitted under the Broadway Plan, and not a single tower has been started recently, although some were approved over a year ago.
There are even three privately owned SEFC sites that haven't been developed yet, and that's a small area with only commercial buildings, that has been developing for 20 years.
Getting over 50 towers built in Rupert / Renfrew over 25 years would be a reasonable expectation. If you read other comments on this site, you'll find posts that argue almost nothing residential will be built in the short term. You're always at the opposite end of the spectrum thinking everything that could be built will be built. The reality is likely to lie somewhere in the middle.