RE:Land Value in DownsviewThe information you have posted is justification for Bombardier/Caisse doing a JV with developers.
Maximize the profits from the development potential of the site and the rental income stream that the real estate developments will generate...in perpetuity.
pierrelebel wrote: There has been much speculation in the press and on this board of the value of the land own by Bombardier and for sale for development.
In its current state, prior to any possible rezoning, is it worth $500,000,000 or $1,000,000,000 or somewhere in between?
There could be a problem soon that would greatly change the value of the land: Doug Ford if elected Premier on Ontario next month.
link to story "“It’s right beside a community. We need to open that up and create a larger supply,” he said, noting that will lead to “price drops” in housing in the Greater Toronto and Hamilton Area."