Toronto mayoral candidate Brad Bradford released another part of his housing platform on Friday, adding to it plans to encourage repurposing vacant office space for residential use. BEYbradford | realestate realestatenews Toronto housing election
Toronto mayoral candidate Brad Bradford released another part of his housing platform on Friday, adding to it plans to encourage repurposing vacant office space for residential use.in downtown, Bradford’s announcement notes, with nearly 6 million sq. ft of office space set to be developed. If elected, Bradford plans to introduce a new zoning framework to aid office-to-residential conversions.
Bradford’s plan calls for as-of-right approvals for office conversions if there are no plans to enlarge the existing building, “thereby eliminating the lengthy rezoning process.” He says he would also eliminate the existing requirement to replace all office space foot-for-foot, as long as the new development includes 20% affordable housing.
In an attempt to encourage new business creation, Bradford says he would allow live-work units to be permitted on all main streets in Toronto, and would allow for a greater range of businesses to operate as live-work units, but did not specify what business types this would include.
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