Comment 120257

By Suburbanite (anonymous) | Posted October 12, 2016 at 09:54:24

I wonder if that is some councillor's end game? - Question the certainty of LRT in order to keep values low right now while purchase negotiations are going on, in some cases, with major election campaign contributors. Take the area from RHVP to Centennial for example. It's currently going under a major rezoning via the Centennial Neighbourhood Secondary Plan for higher density. If rezoned now and purchased by developers, the land values are likely lower than they would be had the LRT gone all the way to Eastgate (and current owners likely have lower assessed values/taxes). With the uncertainty, are we, the taxpayer, missing out on more than what has been pointed out in the core?

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