10 Reasons to Invest in Downtown Residential Development

  1. The downtown of any city is its most important neighbourhood.

  2. The downtown is a city’s most historical neighbourhood.

  3. As bored boomers leave the suburbs, they will be looking for places to live that offer a more bohemian and creative lifestyle.

  4. More residents mean more retail…. more commercial….more vitality.

  5. All the really fun places are downtown….unique restaurants, cafes, spas, art galleries, the Y, churches, medical services, financial services and locally-owned businesses that know how to serve you properly.

  6. Our downtown is perfectly located and compact – you can walk everywhere.

  7. We’ve been talking about doing this for 30 years and are way behind other Canadian cities.

  8. Residential intensification in the downtown core is “smart” development — it is compact in nature, it uses existing infrastructure and provides access to transit.

  9. Residential development will add millions of dollars to our tax base, helping to keep everyone’s taxes lower.

  10. Only incentivized and smart residential intensification will save our downtown. Nothing else will.