News

Trillium Woods to become city's newest subdivision

Monday, September 03, 2012   by: Jamie LyleDuring Monday evening's regular meeting, North Bay City Council announced that, despite difficult negotiations to zone an area in West Ferris, Trillium Woods has now been freed from its restrictions, allowing 71 lots to be developed.

Initially, the builder had planned to place over 100 lots in the new subdivision but was forced to nearly abandon the plan when in 2005, provincial policies changed and environmental committees deemed the nearby wetland as significant and thereby protected.

However, council was able to rescue the project for the city, allowing a reduced number of lots in a smaller area of land and taking precautions to protect the wetland from degradation.

The announcement comes as a good news story for council and North Bay at large, allowing the city to develop more of the higher in-demand, modern housing those buyers are looking for.

Councillor Dave Mendcino, instrumental in saving the project, says that it's a win-win situation for everyone involved as development will produce annual taxes of 4000-5000 dollars per lot, adding income to the city's treasury.

“You're looking at well over $300,000, so it’s definitely significant,” says Medicino.

Although the updated report still has to pass at council, it seems too good for the city to turn down, especially since so much work has gone into the application for the new subdivision.

“It's important to us, obviously we need to find every dollar that we can,” Mendicino says.

“The city was able to come up with a recommendation they were comfortable with that they were able to recommend to council.”
Comments
1
Please sign in to post a response
Note: Comments that appear on the site are not the opinion of BayToday.ca. Keep discussions civil and on topic. Refrain from obscenity and don't post anything that your grandmother would be ashamed to read. Those who do not abide by these guidelines will have their membership revoked without notice. If you see an abusive post, please click the link beside the post to report it.
1993cobra 9/5/2012 8:23:47 PM Report

Whats with all the building going on? is it the retirement sector,maybe like kirkland lake is? i sure know it isnt the growth of jobs,with the ONR and SANDVIK ,Northbay machining,just to name a few going under,i really cant see its the jobs that are bringing people here,thats for sure !
Advertising | Membership | Terms of Service | Privacy Policy | About BayToday.ca | Contact Us | Feedback

Copyright ©2014 BayToday.ca - All rights reserved
News Sports