Doug Ford says Ajax sites could be returned to Greenbelt after learning developer aims to sell land
Doug Ford says Ajax sites could be returned to Greenbelt after learning developer aims to sell land
Premier Doug Ford is gearing up to thwart the sale of land in Ajax that was removed from the Greenbelt.
Ford expressed concern Tuesday that a company called Buena Vista Development is trying to sell 765 and 775 Kingston Road East in Ajax.
Those are two of the “sites that were selected as part of the land swap to build at least 50,000 new homes and grow the size of the Greenbelt,” the premier said in a statement.
Takes public land
Gives it to large land developers
Large land developers try to flip and rezone land for profit rather than do as desired by government
It's almost as if large corporations and their endless pursuit for profit can't be trusted.
If only he could have seen this coming...
Ajax, developer, sites...
Took me a few seconds to realize this isn't about web development.
What site isn’t an ajax site these days?!
Love the doublespeak of building 50,000 homes to grow the size of the Greenbelt
JFC, this is another sale story, not the one that got sold in west GTA.
Can you please share that story? I missed other sales stories...
Sorry it was north GTA - Markham.
Property records obtained by the Star show that Rehmatullah’s company Flato Upper Markham Village Inc. recently sold a large chunk for $62 million — four times what he originally paid in 2017 for the entire 102-acre property.
I want something to come from the RCMP investigation so badly..
50k new homes, in the middle of nowhere.
Exactly how much would it cost to build those new homes, including the infrastructure? How much would it cost to maintain? How much more would it cost compared to changing zoning laws and making high density housing near the city cores?
Who's going to be paying for all that? Ah yes, from our taxes.
In Ontario, "growth pays for growth", which is a pithy way of saying that developers are required to pay for the expense of deploying new infrastructure required for their development. There are debates about whether or not this is the best way to do things.
That would be fine, but there's no system in place for the companies developing that land to actually pay for the building and maintenance of roads and sewers.
And you know there isn't, as suburb houses don't cost $2M each or anything. If that cost isn't on the price tag for buying the house, then there's only one other place the cost could have come from.