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Madison Pacific Properties Inc T.MPC

Alternate Symbol(s):  MDPCF | T.MPC.C

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 May 16, 2023 1:36pm
153 Views
Post# 35450702

DCC bylaws Mission.

DCC bylaws Mission.Mission has a documnet online as background information for new DCC bylaws.
Lays out some very modest growth scenarios for the City.
Essentially there is going to be huge hikes in DCC's  Detached to 50k, Townhomes in the 30's
For the Polygon Jv's I understand they are pushing forward some rezoning applications for development nodes. Several packages of significant numbers. Hundreds of units. in advance of the DCC bylaw. 
The excecise is attempting to utilize some current infrastructure in order to generate revenues to advance new infrastructure.
One price metric re land values, the city values park dedications at 7 million per ha. They say that they understand that number is low.

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