(This
article was originally written for https://www.spirepoint.ca/blog/)
As people who have followed my career will
already know, I like real estate projects that not only create private value
but pay public dividends as well. Developers realize that municipalities and
community groups are going to demand additions to the public room and public
benefits before approving real estate projects these days. It’s not unique to
real estate though—nations have been known to leverage public property like
radio spectrum in return for, say, greater Canadian content—but it’s more
regularized, in fact, built-in to the process of real estate approvals.
But what if providing public benefits could
also boost private returns. That would be useful, right?
To
read more, please visit, https://www.spirepoint.ca/how-to-use-garden-suites-to-add-value-to-your-home-and-community/
Bruce
M Firestone, B Eng (Civil), M Eng-Sci, PhD, Century 21 Explorer Realty broker,
Ottawa Senators founder, 613.422.6757 x 250 bruce.firestone@century21.ca text:
6137628884 @profbruce @quamtum_entity www.brucemfirestone.com
Making
Impossible Possible
Posted in Business Methods, Cap Rate, Capitalism, City Building, Creativity, Design Economics,Differentiated Value, Finance, Future Vision, Investing, Political Economy, Real Estate, Urban Design,Urban Economics, Value Proposition
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