This is likely an unpopular opinion, but I disagree that this should get approved in it's current form. Whoever the landowner is just wants to pump the land value up for sale to developers, they aren't going to develop this. The densities described are far too high and would never get built out as you simply can't achieve the appropriate price points to build concrete developments in this location in any meaningful numbers. This should be maybe like a 2-3FAR site, and the land should be priced to support forms of development that would be economical to build out in the short to medium term.
Also the design is like a Le Corbusier towers-in-the-park design with a heavy focus on automobility, hardly an example of visionary city building. They are only pumping the density and height to crank up the land values and then they will sit on the land for an eternity before the price they are asking makes financial sense to buy and develop. Give land use to things that are actually going to get built not to speculators with no intention to develop or improve the lands themselves. The City not immediately giving away density on this land is one of the first times I have seen them even have any sort of land strategy whatsoever.
Also, we are not Vancouver and without any sort of urban growth boundary or significant upward pressure on condo prices, the type of podium-style development of TODs in Calgary isn't going to make economic sense, just as it hasn't for decades. There is nothing wrong with 4-6 storey human-scaled TOD development here, it would build out in the short to medium term and would be more beneficial to our tax base.
Why not this scale instead:
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