We hear all over the streets of Kitchener-Waterloo, “What’s with all of these new condo projects being planned in our community?”
Well, in 2005 the Ontario Government tabled it’s “Places to Grow Act: Growth Plan for the Greater Golden Horseshoe.” The fundamentals of this plan were:
– to build healthy and balanced communities
– ensure 50% of all new residential developments will be in delineated built up areas
– ensure there are 200 residents and jobs combined per hectare
– create housing along transit corridors and station areas
Fast forward 17 years, and we are seeing exactly that in these new projects being proposed and built in Kitchener-Waterloo. Naturally, the construction of the LRT helped significantly to make this plan a reality. The bottom line is, we just can’t keep expanding out to the countryside or we will lose our valuable farm land and our employment lands.
This long term vision is exactly what communities like ours need.
John Whitney, SIOR
Broker of record, ceo