June 10, 2014
The City has been working with stakeholders to come up with a plan to amend the zoning on Bathurst Street to allow for, in some cases, higher density and mixed uses. The street has been divided up in to 8 different areas that the city feels have unique characteristics. Different recommendations are being made for each area.
The proposal from City Planning is:
- Intended to reinforce existing character and function of Bathurst Street
- Respect and conserve the cultural heritage,
- Ensure appropriate transition between new development & existing housing & uses in Neighbourhood Areas
- Supports fine-grain Pedestrian Shopping Areas in Mixed Use Areas
This can have a major impact on property values on Bathurst Street as well as major arteries in the immediate area. Please contact me to discuss how this could impact your properties value.