Politics and Planninghttps://pub-mission.escribemeetings.com/Players/ISIStandAlonePlayer.aspx?Id=3dcad20a-5feb-456c-aada-1e9b885e0ed5 Regarding Silverdale, just one of the many MPC sites that have development optionality.
Starts at 55 min mark. This is a presentation to council by Ekistics, planners hired by the JV.
This is the complete opposite of Oakville and TWC. Council is appreciative of Polygon/Madison. Many compliments.
They hired smart planners, and have way more density than I thought. First phase, central is 9400 homes/ towns/apartments. With the majority in the denser categories. Population 22,000.
In the end, it will double the city.
Margins on 7000 homes, and value to MPC per share, I have a guess, but will leave it up to reader.
As a note, I am long in a decent size weight. I recieve no compensation from the company.