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Madison Pacific Properties Inc T.MPC

Alternate Symbol(s):  T.MPC.C | MDPCF

Madison Pacific Properties Inc. is a Canada-based real estate company, which owns, develops, and operates office, industrial, commercial, and multi-family rental properties located in British Columbia, Alberta, and Ontario. The Company also has investments in joint ventures that develop residential properties. The Company’s investment portfolio comprises around 54 properties with approximately 1.9 million rentable square feet (sq. ft) of industrial and commercial space and a 50% interest in two- multi-family rental properties with a total of 94 units. It offers a range of property management services for its portfolio of investment properties, which include tenant services and relationships, building operations, lease administration, property accounting and reporting and project management services. Its development properties include a 50% interest in the Silverdale Hills Limited Partnership which owns approximately 1,400 acres of development lands in Mission, British Columbia.


TSX:MPC - Post by User

Post by undervalueon Nov 08, 2023 1:32pm
74 Views
Post# 35724128

Meeting says go ahead.

Meeting says go ahead.The council approved the motion. Silverdale Loftus is moving forward.
Interesting comments from Mayor on density as prescribed by the Province in their plans.
Their guidlines are if the lot is less 280 sq m, 3000 sq ft density is 3 units. This if my math is correct this is a 30 by 100 ft lot, not huge.
Over 281 m, 4 units, and if on a bus route, 6 units.
The dream of a detached ranch is going to get more rare.
Silverdale density may have to go higher to fit Provincial policy.
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