The project was previously rejected by the city in 2017 amid community concern about the tall building’s architectural disconnect with historic Chinatown and the lack of social housing, which has continued to motivate opposition. Proponents, on the other hand, believe the project will economically revitalize the area.
The entire area needs to be cleaned up. My bet is that when the area is old and decrepit the property taxes are low and that’s just what land owners there want.
Once new construction starts going in, property values and taxes will start going sky high and everyone sitting on their nest egg old lots down there will start having to pay through the nose to keep them.
Wait until the rest of the city is all developed and property prices are as sky high as possible then sell sell sell.
I’d be ok with blocking new construction there as a heritage area as long as the existing buildings are all marked as heritage sites which can never be demolished for new construction, only renovated internally without changing or adding any exterior size or features.
The entire area needs to be cleaned up. My bet is that when the area is old and decrepit the property taxes are low and that’s just what land owners there want.
Once new construction starts going in, property values and taxes will start going sky high and everyone sitting on their nest egg old lots down there will start having to pay through the nose to keep them.
Wait until the rest of the city is all developed and property prices are as sky high as possible then sell sell sell.
I’d be ok with blocking new construction there as a heritage area as long as the existing buildings are all marked as heritage sites which can never be demolished for new construction, only renovated internally without changing or adding any exterior size or features.