Quote:
Originally Posted by Joborule
Understandably. That spot is prime AF.
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Agreed but if you ask a ridiculous price for the land it negates development potential to the point were no one can make sense of building. It's pretty outrageous that site has sat vacant for so long. It's the reason the City is thinking of taxing vacant land at the value of what a potential development could earn from a tax basis rather than just as vacant land, which is a bad idea as well.
http://www.calgarysun.com/2017/07/26...ty-councillors