Sunday, July 31, 2011

Local Real Estate

UPDATE August 14: The golf course proposal has been turned down. I'm guessing the infill with streets and houses is more unpopular than high-rises on Davis, but we'll see what happens. A small proposal nearby to turn one lot into two, with a big house on each lot, has been turned down. And now there is a date for a public meeting on proposed high-rises two doors from us: one tower 17 stories, the other 12. The meeting is August 29--that should be fun.

Newmarket, Ontario, where I live, has seen relatively modest changes over the last few years. True, the last "quadrant" of town to be developed--the north-west corner--has filled up with houses, and this has increased traffic on certain roads, but it is really not that noticeable unless you drive through the new neighbourhoods, and remember the farmland that was there. A few low-rise buildings have been built, some for seniors, maybe one high-rise, and that is about it. Of course the recession has had an effect. With maybe one or two exceptions, there has probably not been a new high-rise built since 1995. Of course, the hospital has been building constantly for many years.

Now several projects seem to be moving forward. Not far from us is the presentation centre for Eagle Heights town homes. This stretch of Eagle is an old street, with houses set back from the street much farther than would be typically allowed today. The developer obviously plans to tear down several houses and have a good-size piece of land, with trees in back, to work with. The tree are part of a conservation area.

We received a flyer a couple of years ago saying there may be a high-rise right at Millard and Yonge, a few doors from us. And there has also been a proposal for several high-rises at Yonge and Davis.

I was at a meeting last week where people were discussing planned changes to the Glenway golf course--the only course that is entirely in Newmarket. Owners are proposing to keep 9 holes for golf, with a new club house to the west, then build high-rises along Davis Drive, some medium-density townhouses a bit further in, then some single family homes and new streets where there are fairways now. Some folks who have been living there are not thrilled, and some thought it was part of the agreement when the golf course was built that it would stay golf course. But: there was some fine print allowing for infill, and the province and region are all in favour of high-rise development on certain strips, including Davis Drive.

Some of this is supposed to go with new Bus Rapid Transit lanes. We'll see.

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