Developer: GBS
Architect: NORR Architects
  
Address: 8th street SE, Calgary
Category: Residential
Status: CompleteCompletion: TBD
Height: 66 ft / 20.00 mStoreys: 6 storeys
Project Forum 140 posts
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Rivers Edge | 20m | 6s | GBS | NORR

General rating of project

  • Great

    Votes: 0 0.0%
  • Good

    Votes: 30 71.4%
  • So So

    Votes: 10 23.8%
  • Not Very good

    Votes: 1 2.4%
  • Terrible

    Votes: 1 2.4%

  • Total voters
    42
I think it would. We have too many people that come from land development in the city that don’t care about the velocity of capital return, they are taking advantage of the City’s want for density to hold for extortionate land values for unproven assets with no comps. Spread density out it could diminish speculation, in theory.

Or they will just continue to hold for bullshit values, who knows.
I imagine this has been tried before somewhere, would be interesting to see a study on it. The bulk upzoning of R-CG also has this function, if everyone has the same entitlements, where's the speculative part?

In practice it might be hard to upzone enough areas to this kind of density to mitigate speculation.
 

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