Quote:
Originally Posted by opendoor
You're forgetting about the genius part of the plan though:
1) Take a building in downtown Toronto with a 10-storey atrium in the middle of it that's worth hundreds of millions of dollars that was designed as a broadcast center, and thus has few windows relative to its square footage (the building is square, with most of the broadcast areas are in the center of the building, away from street noise).
2) Spend probably half a billion dollars renovating it so it's suitable for housing.
3) Assuming these units will actually all have windows, produce maybe 750 units of "affordable" housing for about $1M each.
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This literally sounds like a typical government housing plan.
I don't see what the problem is. I thought we wanted more low income housing? But now we want it for cheaper?
