bild leadership meeting with mayor meed ward
TRANSCRIPT
BILD LEADERSHIP MEETING WITH MAYOR MEED WARD:
Meeting 1
February 9, 2021
AGENDA
1
2
3
4
5
WELCOME |ROUNDTABLE OF INTRODUCTIONS(Mayor Meed Ward, Jason Sheldon – BILD Chair)
SCOPE OF ONGOING DISCUSSION ITEMS | FUTURE MEETINGS(Shane Cooney, BILD Halton Chapter Co-Chair)
PRELIMINARY DISCUSSION | STREAMLINING DEVELOPMENT APPLICATION & PERMITTING PROCESS(Kevin Singh, BILD Halton Chapter Co-Chair)
SNAPSHOT OF THE BILD HALTON CHAPTER(Victoria Mortellitti, BILD Planner)
MOVING FORWARD(Paula Tenuta, BILD SVP Policy & Advocacy)
Development Application
Review Process
Affordable Housing Strategy
-
Terms of Reference
General Discussion around the Official Plan & Secondary
Plans
-
Infrastructure and Growth
Opportunities
BILD as your community building partners –
a vision to move forward
1 2
SCOPE OF ONGOING DISCUSSION ITEMS | FUTURE MEETINGS
1 2 3
• Engagement and Education
with other Councilors
• We welcome additional
discussion items
OTHER CONSIDERATIONS
PAGE | 02
PAGE | 03
PRELIMINARY DISCUSSION | STREAMLINING DEVELOPMENT APPLICATIONS & PERMITTING PROCESS
What is the current process? Is there a timeline, chart, or structure in place to ensure a clear understanding of the process?
Who is in charge and is there a clear understanding of processes and requirements with all staff at all levels?
Are the resources in place within all departments and are more needed? (ie. Planning/Engineering)
How do we encourage better communication among departments?
How do we identify the challenges, and opportunities and how do we address them?
STRONG VISION &
LEADERSHIP
CLEAR COMMUNICATION
DEFINED ROLES & RESPONSIBILITIES
RECOMMENDATION:COLLECTIVELY
WORKING TOGETHER
THROUGH THE ESTABLISHMENT OF
AN WORKING GROUP WITH THE
INDUSTRY
AFFORDABLE HOUSING STRATEGY
PARKS, RECREATION AND CULTURAL ASSETS MASTER PLAN
SNAPSHOT | THE BILD HALTON CHAPTER
2021/2022 DEVELOPMENT CHARGES REVIEW
2021 DEVELOPMENT CHARGES REVIEW
PARKLAND DEDICATION BY-LAW
NEW CBO & COMMISSIONERS
BUILDING SERVICES
GREEN DEVELOPMENT STANDARDS
PAGE | 04
BILD/CH LIASION GROUP
CONSERVATION AUTHORITIES ACT
MOVING FORWARD …
Take-aways from today’s meeting
Next meeting date: March 30th
Topic: ? Additional Attendees from the City?
Outstanding items
Other/New Business
BILD LEADERSHIP MEETING WITH MAYOR MEED WARD:
Meeting 2
March 30, 2021
AGENDA
1
2
3
4
5
WELCOME | Roundtable of Introductions(Mayor Meed Ward, Dave Wilkes – BILD President & CEO, Jason Sheldon – BILD Chair)
SCOPE OF ONGOING DISCUSSION ITEMS &ANY ADDITIONAL ITEMS• Application Submissions • Latest Halton Region Council Resolutions on Urban
Boundary Expansions/ ‘No Growth’• Burlington Lands Partnership • Brownfield CIP • Developers Liaison Committee (BILD & CITY Discussion)
CONTINUED DISCUSSION ON STREAMLINING THE DEVELOPMENT APPLICATION & PERMITTING PROCESS | Facilitated working group with the Industry(Kevin Singh & Shane Cooney, BILD Halton Chapter Co-Chairs)
SNAPSHOT OF THE BILD HALTON CHAPTER(Victoria Mortelliti, BILD Planner)
MOVING FORWARD(Paula Tenuta, BILD SVP Policy & Advocacy)
PAGE | 02
ONGOING DISCUSSION | STREAMLINING DEVELOPMENT APPLICATIONS & PERMITTING PROCESS
Current internal planning and circulation process: Is there an organization chart to help understand the City’s process? What are the City’s goals in terms of milestone timelines?
Who is responsible for managing the process in addition to collaborating and streamlining the review between the City’s internal departments?
Are the resources in place within all departments and are more needed? (i.e. Planning/Engineering)
Streamlining Internal Department Communication: how can this be improved? Can the applicant play a role?
How do we identify the challenges, and opportunities and how do we address them?
STRONG VISION &
LEADERSHIP
CLEAR COMMUNICATION
DEFINED ROLES & RESPONSIBILITIES RECOMMENDATION:
COLLECTIVELY WORKING TOGETHER
THROUGH THE ESTABLISHMENT OF A WORKING GROUP WITH THE INDUSTRY
Development Application
Review Process
Affordable Housing Strategy
-
Terms of Reference
General Discussion around the
Official Plan & Secondary
Plans
Infrastructure and Growth
Opportunities
BILD as your community building partners –
a vision to move forward
1 2
SCOPE OF ONGOING DISCUSSION ITEMS | & FUTURE MEETINGS
1 2 3
PAGE | 03
Burlington Lands
Partnership
Brownfield Community
Improvement Plan
4 5
Developers Liaison
Committee
Please note, all items in coloured boxes have been added as a result of the February 9th meeting.
AFFORDABLE HOUSING STRATEGY
PARKS, RECREATION AND CULTURAL ASSETS MASTER PLAN
BROWNFIELDS CIP
BURLINGTON LANDS PARTNERSHIP
SNAPSHOT | THE BILD HALTON CHAPTER
2021/2022 DEVELOPMENT CHARGES REVIEW
REGIONAL OFFICIAL PLAN
GROWING THE GREENBELT
GTA WEST
2021 DEVELOPMENT CHARGES REVIEW
PARKLAND DEDICATION BY-LAW
NEW CBO & COMMISSIONERS
BUILDING SERVICES
GREEN DEVELOPMENT STANDARDS
PAGE | 04
BILD/CH LIASION GROUP
CONSERVATION AUTHORITIES ACT
MOVING FORWARD …
Takeaways from today’s meeting
Next meeting date: May 11th
Topic: ? Additional Attendees from the City?
Outstanding items
Other/New Business
BILD LEADERSHIP MEETING WITH MAYOR MEED WARD
Meeting 3
May 11, 2021
AGENDA
1
2
4
5SNAPSHOT OF THE BILD HALTON CHAPTER(Victoria Mortelliti, BILD Planner)
MOVING FORWARD(Paula Tenuta, BILD SVP Policy & Advocacy)
3
WELCOME | ROUNDTABLE OF INTRODUCTIONS(Mayor Meed Ward, Jason Sheldon – BILD Chair)
BILD REPRESENTATION REQUEST | DEVELOPMENT CHARGES & CBC COMMITTEE(BILD)
DISCUSSION ON ROPA 48 | URBAN GROWTH CENTRES, NODES & MAJOR TRANSIT STATION AREAS(Kevin Singh & Shane Cooney, BILD Halton Chapter Co-Chairs)
CITY UPDATES(Heather MacDonald, City of Burlington)
SCOPE OF ONGOING DISCUSSION ITEMS &ANY ADDITIONAL ITEMS
6
7
(CITY & BILD)
DISCUSSION | ROPA 48
PAGE | 02
• Major Transit Station Areas and Urban Growth Centres
• Housing Choice and Affordability • Growth Targets• Background Studies
• Downtown Burlington
• Existing Communities
• COVID-19
C I T Y U P DAT E S
PAGE | 03
HOUSING STRATEGY HOUSING AND DEVELOPMENT LIAISON
COMMITTEE
DEVELOPMENT APPLICATION WORKING
GROUP
DEVELOPMENT CHARGES AND COMMUNITY
BENEFITS CHARGE COMMITTEE
BILD as your community building partners – a vision to move forward
SCOPE | ONGOING DISCUSSION ITEMS | & FUTURE MEETINGS
PAGE | 04
DEVELOPMENT APPLICATION WORKING GROUP
Infrastructure & Growth Opportunities
BURLINGTON LANDS PARTNERSHIP
BROWNFIELDS COMMUNITY IMPROVEMENT PLAN
OFFICIAL PLAN | SECONDARY PLANS
HOUSING STRATEGY
HOUSING & DEVELOPMENT LIAISON COMMITTEE
SITE PLAN WORKING GROUP
DC & CBC REVIEW/COMMITTEE
AFFORDABLE HOUSING STRATEGY
PARKS, RECREATION AND CULTURAL ASSETS MASTER PLAN
DC/CBC REVIEW
BURLINGTON LANDS PARTNERSHIP
SNAPSHOT | THE BILD HALTON CHAPTER
2021/2022 DEVELOPMENT CHARGES REVIEW
REGIONAL OFFICIAL PLAN
GROWING THE GREENBELT
GTA WEST
2021 DEVELOPMENT CHARGES REVIEW
PARKLAND DEDICATION BY-LAW
NEW CBO & COMMISSIONERS
BUILDING SERVICES
GREEN DEVELOPMENT STANDARDS
DEVELOPMENT CHARGES REVIEW & CBC
PAGE | 05
BILD/CH LIASION GROUP
CONSERVATION AUTHORITIES ACT
MOVING FORWARD …
Takeaways from today’s meeting
Next meeting date: June 22nd
Topic: ? Additional Attendees from the City?
Outstanding items
Other/New Business
APPENDIX 1
ONGOING DISCUSSION | STREAMLINING DEVELOPMENT APPLICATIONS & PERMITTING PROCESS
Current internal planning and circulation process: Is there an organization chart to help understand the City’s process? What are the City’s goals in terms of milestone timelines?
Who is responsible for managing the process in addition to collaborating and streamlining the review between the City’s internal departments?
Are the resources in place within all departments and are more needed? (i.e. Planning/Engineering)
Streamlining Internal Department Communication: how can this be improved? Can the applicant play a role?
How do we identify the challenges, and opportunities and how do we address them?
STRONG VISION &
LEADERSHIP
CLEAR COMMUNICATION
DEFINED ROLES & RESPONSIBILITIES RECOMMENDATION:
COLLECTIVELY WORKING TOGETHER
THROUGH THE ESTABLISHMENT OF A WORKING GROUP WITH THE INDUSTRY
APPENDIX 1
Approximately 8,000 Units available from townhouses to mid-rise & taller buildings
Up to 1,800,000 Square feet available for employment
Over 200,000Square feet available for retail
Approximately 20,000The anticipated number of residents
Up to 9,000Total long-term jobs
10 - 12Acres available for campus & cultural lands
DEVELOPMENTMASTERPLAN
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BILD LEADERSHIP MEETING WITH MAYOR MEED WARD
Meeting 5
September 14, 2021
AGENDA
1
2
4
5SNAPSHOT OF THE BILD HALTON CHAPTER(Victoria Mortelliti, BILD Manager Policy & Advocacy)
MOVING FORWARD(Paula Tenuta, BILD SVP Policy & Advocacy)
3
WELCOME | ROUNDTABLE OF INTRODUCTIONS(Mayor Meed Ward, Jason Sheldon – BILD Chair)
DISCUSSION | CHALLENGES RELATED TO AFFORDABLE HOUSING & IZ / PRIVATE & PUBLIC PARKSInclusionary Zoning & Affordable Housing | Paula Tenuta, BILD SVP Policy & Advocacy, Shane Cooney, BILD Halton Co-Chair Private & Public Parks | Jason Sheldon, BILD Chair, Kevin Singh & Shane Cooney, BILD Halton Co-Chairs
CITY UPDATES(Mark Simeoni, City of Burlington)
SCOPE OF ONGOING DISCUSSION ITEMS &ANY ADDITIONAL ITEMS
6
(CITY & BILD)
Industry Sentiments for the IZ Road Ahead…
Burlington’s Affordable Housing Strategy
Consultation with BILD HaltonChapter
Focused Discussions with Members in PMTSAs
BILD Analysis of City’s Background Work & Assumptions
Incentives Are Key
Let’s arrive at a framework so that affordable housing gets built
• We support IZ, but certain parameters must be included to make this work for the delivery of all types of affordable housing
• We are your community building partners – we’re in this together
• We have a collective goal to achieve transit-oriented development
• A balanced approach is needed across the GTA that does not undermine the delivery of new non-IZ residential development– market housing
IZ Recommendations for Our Municipal Partners:
Implement a Partnership Model (incentives and offsets are fundamental)
Provide Clear and Reasonable Transition
Phased Implementation
Be Flexible & Compatible (i.e. off-sites, CIL, reduced/waived obligations)
Provide As-of-Right Zoning
UNDERSTANDING PUBLIC & PRIVATE PARKS
PAGE | 05
1. Conveyance of a public easement vs. Conveying the land
2. Long-term maintenance and care
3. When is it appropriate?
What does this mean for Burlington? How does it relate?
C I T Y U P DAT E S
PAGE | 05
HOUSING STRATEGY DEVELOPMENT CHARGES/PARKLAND/CBC
REVIEW
DEVELOPMENT APPLICATION WORKING
GROUP
BURLINGTON LANDS PARTNERSHIP
BILD as your community building partners – a vision to move forward
SCOPE | ONGOING DISCUSSION ITEMS | & FUTURE MEETINGS
PAGE | 06
DEVELOPMENT APPLICATION WORKING GROUP
Infrastructure & Growth Opportunities
BURLINGTON LANDS PARTNERSHIP
BROWNFIELDS COMMUNITY IMPROVEMENT PLAN
OFFICIAL PLAN | SECONDARY PLANS
HOUSING STRATEGY
HOUSING & DEVELOPMENT LIAISON COMMITTEE
SITE PLAN WORKING GROUP
DC & CBC REVIEW/COMMITTEE
ZONING BY-LAW REVIEW
HOUSING STRATEGY
PARKS, RECREATION AND CULTURAL ASSETS MASTER PLAN
DC/CBC REVIEW
BURLINGTON LANDS PARTNERSHIP
SNAPSHOT | THE BILD HALTON CHAPTER
2021/2022 DEVELOPMENT CHARGES REVIEW
REGIONAL OFFICIAL PLAN
GROWING THE GREENBELT
GTA WEST
PARKLAND DEDICATION BY-LAW
ENGINEERING REVIEW
BUILDING SERVICES IMPROVEMENT
DEVELOPMENT CHARGES REVIEW & CBC
PAGE | 07
BILD/CH LIASION GROUP
CONSERVATION AUTHORITIES ACT
MOVING FORWARD …
Takeaways from today’s meeting
Next meeting date: October 26th
Topic: ? Additional Attendees from the City?
Outstanding items
Other/New Business
APPENDIX 1
ONGOING DISCUSSION | STREAMLINING DEVELOPMENT APPLICATIONS & PERMITTING PROCESS
Current internal planning and circulation process: Is there an organization chart to help understand the City’s process? What are the City’s goals in terms of milestone timelines?
Who is responsible for managing the process in addition to collaborating and streamlining the review between the City’s internal departments?
Are the resources in place within all departments and are more needed? (i.e. Planning/Engineering)
Streamlining Internal Department Communication: how can this be improved? Can the applicant play a role?
How do we identify the challenges, and opportunities and how do we address them?
STRONG VISION &
LEADERSHIP
CLEAR COMMUNICATION
DEFINED ROLES & RESPONSIBILITIES RECOMMENDATION:
COLLECTIVELY WORKING TOGETHER
THROUGH THE ESTABLISHMENT OF A WORKING GROUP WITH THE INDUSTRY
APPENDIX 1
DISCUSSION | ROPA 48
PAGE | 02
• Major Transit Station Areas and Urban Growth Centres
• Housing Choice and Affordability • Growth Targets• Background Studies
• Downtown Burlington
• Existing Communities
• COVID-19
APPENDIX 2
PAGE | 04
D I S C U S S I O N | C o m p l e t e C o m m u n i t i e s i n B u r l i n g t o n
• How can we strive towards the development of Complete Communities in Burlington?
• What are some of the opportunities and challenges related to Complete Communities in Burlington?
• Partnerships• Land Assembly• Placemaking• Major Transit Station Areas• Public and Private Parks • Schools
APPENDIX 3
BILD LEADERSHIP MEETING WITH MAYOR MEED WARD
Meeting 6
October 26, 2021
AGENDA
1
2
4
5SNAPSHOT OF THE BILD HALTON CHAPTER(Victoria Mortelliti, BILD Manager Policy & Advocacy)
MOVING FORWARD(Paula Tenuta, BILD SVP Policy & Advocacy)
3
WELCOME | ROUNDTABLE OF INTRODUCTIONS(Mayor Meed Ward, Jason Sheldon – BILD Chair)
DISCUSSION | CHALLENGES RELATED TO AFFORDABLE HOUSING & IZ / PRIVATE & PUBLIC PARKSInclusionary Zoning & Affordable Housing | Paula Tenuta, BILD SVP Policy & Advocacy, Shane Cooney, BILD Halton Co-Chair Private & Public Parks | Jason Sheldon, BILD Chair, Kevin Singh & Shane Cooney, BILD Halton Co-Chairs
CITY UPDATES(Mark Simeoni, City of Burlington)
SCOPE OF ONGOING DISCUSSION ITEMS &ANY ADDITIONAL ITEMS
6
(CITY & BILD)
Industry Sentiments for the IZ Road Ahead…
Burlington’s Affordable Housing Strategy
Consultation with BILD HaltonChapter
Focused Discussions with Members in PMTSAs
BILD Analysis of City’s Background Work & Assumptions
Incentives Are Key
Let’s arrive at a framework so that affordable housing gets built
• We support IZ, but certain parameters must be included to make this work for the delivery of all types of affordable housing
• We are your community building partners – we’re in this together
• We have a collective goal to achieve transit-oriented development
• A balanced approach is needed across the GTA that does not undermine the delivery of new non-IZ residential development– market housing
IZ Recommendations for Our Municipal Partners:
Implement a Partnership Model (incentives and offsets are fundamental)
Provide Clear and Reasonable Transition
Phased Implementation
Be Flexible & Compatible (i.e. off-sites, CIL, reduced/waived obligations)
Provide As-of-Right Zoning
UNDERSTANDING PUBLIC & PRIVATE PARKS
PAGE | 05
1. Conveyance of a public easement vs. Conveying the land
2. Long-term maintenance and care
3. When is it appropriate?
What does this mean for Burlington? How does it relate?
C I T Y U P DAT E S
PAGE | 05
HOUSING STRATEGY DEVELOPMENT CHARGES/PARKLAND/CBC
REVIEW
DEVELOPMENT APPLICATION WORKING
GROUP
BURLINGTON LANDS PARTNERSHIP
BILD as your community building partners – a vision to move forward
SCOPE | ONGOING DISCUSSION ITEMS | & FUTURE MEETINGS
PAGE | 06
DEVELOPMENT APPLICATION WORKING GROUP
Infrastructure & Growth Opportunities
BURLINGTON LANDS PARTNERSHIP
BROWNFIELDS COMMUNITY IMPROVEMENT PLAN
OFFICIAL PLAN | SECONDARY PLANS
HOUSING STRATEGY
HOUSING & DEVELOPMENT LIAISON COMMITTEE
SITE PLAN WORKING GROUP
DC & CBC REVIEW/COMMITTEE
ZONING BY-LAW REVIEW
HOUSING STRATEGY
PARKS, RECREATION AND CULTURAL ASSETS MASTER PLAN
DC/CBC REVIEW
BURLINGTON LANDS PARTNERSHIP
SNAPSHOT | THE BILD HALTON CHAPTER
2021/2022 DEVELOPMENT CHARGES REVIEW
REGIONAL OFFICIAL PLAN
GROWING THE GREENBELT
GTA WEST
PARKLAND DEDICATION BY-LAW
ENGINEERING REVIEW
BUILDING SERVICES IMPROVEMENT
DEVELOPMENT CHARGES REVIEW & CBC
PAGE | 07
BILD/CH LIASION GROUP
CONSERVATION AUTHORITIES ACT
MOVING FORWARD …
Takeaways from today’s meeting
Next meeting date: October 26th
Topic: ? Additional Attendees from the City?
Outstanding items
Other/New Business
APPENDIX 1
ONGOING DISCUSSION | STREAMLINING DEVELOPMENT APPLICATIONS & PERMITTING PROCESS
Current internal planning and circulation process: Is there an organization chart to help understand the City’s process? What are the City’s goals in terms of milestone timelines?
Who is responsible for managing the process in addition to collaborating and streamlining the review between the City’s internal departments?
Are the resources in place within all departments and are more needed? (i.e. Planning/Engineering)
Streamlining Internal Department Communication: how can this be improved? Can the applicant play a role?
How do we identify the challenges, and opportunities and how do we address them?
STRONG VISION &
LEADERSHIP
CLEAR COMMUNICATION
DEFINED ROLES & RESPONSIBILITIES RECOMMENDATION:
COLLECTIVELY WORKING TOGETHER
THROUGH THE ESTABLISHMENT OF A WORKING GROUP WITH THE INDUSTRY
APPENDIX 1
DISCUSSION | ROPA 48
PAGE | 02
• Major Transit Station Areas and Urban Growth Centres
• Housing Choice and Affordability • Growth Targets• Background Studies
• Downtown Burlington
• Existing Communities
• COVID-19
APPENDIX 2
PAGE | 04
D I S C U S S I O N | C o m p l e t e C o m m u n i t i e s i n B u r l i n g t o n
• How can we strive towards the development of Complete Communities in Burlington?
• What are some of the opportunities and challenges related to Complete Communities in Burlington?
• Partnerships• Land Assembly• Placemaking• Major Transit Station Areas• Public and Private Parks • Schools
APPENDIX 3
AGENDA
1 WELCOME I ROUNDTABLE OF INTRODUCTIONS
(Mayor Meed Ward, Jason Sheldon - BILD Chair)
2
3
DISCUSSION I Industry Sentiments for
the IZ Road Ahead ...
(BILD & ALTUS)
MOVING FORWARD
(Paula Tenuta, BILD SVP Policy & Advocacy)
•
•
•
•
Inclusionary ZoningCity of Burlington - Issues and Considerations
November 2021
1
altusgroup.com
2
Considerations re: Official Plan Policies
• Burlington Official Plan:
• “Objective: To encourage the development of affordable housing throughout the City”
• Halton Region Official Plan:
• 86(6): “at least 30 percent of new housing units produced annually be Affordable or Assisted
Housing.”
• “Objective: To explore and implement new approaches to reduce residential land and
construction costs and to effect an adequate supply of Affordable Housing.”
• 205.3(3) – the Region may designate all or part of the Region as a Community Improvement
Project Area … to improve the following elements within the Project Area: (3) Affordable
Housing
altusgroup.com
3
Considerations re: Land Values in MTSAs
• Without offsetting incentives, IZ would be paid for via reduced land values or higher prices (where
the market will bear it), or some combination of the two.
• NBLC report for Toronto:
• “where costs increase – or revenues decrease, in the case of IZ, a proportional increase in pricing or
decrease in land value must occur to keep a project viable”
• “where the cost increase occurs after the land acquisition has occurred…a developer either accepts a lower
return, delays the project until the market is more favourable, or cancels the project.”
• “The primary impact of an IZ policy is to reduce the development revenue from a project. When revenues are
decreased, the amount of a developer can pay for land decreases. … the motivation for land to be
redeveloped and for housing to be created, is similarly reduced.”
• “If land was purchased in 2019 and a policy was introduced in 2020, the 2019 price would not have accounted
for reduced revenue impacts associated with IZ. This could create financial hardship in the development
community and discourage the creation of new housing stock.”
• “Targeted financial incentives could mitigate adverse near-term impacts by offsetting the reduction in
revenue caused by affordable unit requirements.”
altusgroup.com
4
Issues with Toronto IZ Pro-Forma Analysis
• Lack of sensitivity analysis
• Study was done to see whether IZ works for ‘average’ site (average costs, average revenues),
• Many sites present unique challenges that may result in higher than average costs or lower than average
revenues (environmental contamination, awkward site configuration, compatibility with nearby uses, etc.)
• Blunt use of Altus Group Cost Guide data
• E.g. – cost guide based on Gross Construction Area of building. NBLC report for Toronto only referenced
Gross Floor Area (GFA), however GCA is usually 7-12% higher than GFA, meaning costs were significantly
understated
• Importance and potential impact of policy requires more rigorous cost analysis
• Cost Inflator significantly understated construction cost escalation
• Model based on 2% annual cost inflation assumed based on CPI,
• Construction costs have escalated much higher than CPI – from 4-6% per annum over 2016-2019 period.
Most recent year-over-year data is 11% (Q3 2021 vs. Q3 2020)
altusgroup.com
5
Need to Maximize Growth Potential in MTSAs to Meet
Growth Projections
Location Net Population Potential
Burlington GO 10,181 persons
Aldershot GO 12,134 persons
Appleby GO 5,226 persons
Downtown Burlington 14,611 persons
Uptown Urban Centre 2,438 persons
Secondary Growth Areas 60,216 persons
Source: Dillon Consulting, City of Burlington Growth Analysis Study (June 2019)
Population Growth Required for Burlington Built-Up Area (Halton IGMS), 2021-
2051: 48,418 to 50,928 persons
If MTSA potential is 100%
utilized, they’d be responsible for
55% to 57% of BUA population
required to 2051
Given importance of MTSAs in
City meeting population
projections, it is vital that new
housing is not discouraged in
MTSAs by any IZ policy
altusgroup.com
6
Considerations re: Housing Markets
• Overall housing production in Burlington decreasing over the past 20 years
• Limited purpose-built rental housing is being constructed in the City
• Natural affordability mitigates need for long-term affordability requirements
• Buildings get more affordable as they age
• 39% of new housing sales in Burlington were below blended affordable price
threshold
• Takes 12-18 months to achieve 70% pre-sales
• Reduced revenues may impact ability to achieve construction financing
altusgroup.com
7
Housing Starts by Year and Unit Type, City of Burlington, 2001-2020
0
200
400
600
800
1000
1200
1400
1600
1800
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021YTD
Singles / Semis
Rows
Apartments
UnitsAverage Annual Housing Starts, City of Burlington
Unit Type 2001-2010 2011-2020
Singles/Semis 542 133
Rows 378 75
Apartments 283 413
Total 1,203 622
altusgroup.com
8
Apartment Housing Starts by Tenure, by 5-Year Period
City of Burlington, 2001-2020
1165
987
1181
1970
304372
307
148
0
500
1,000
1,500
2,000
2,500
2001-2005 2006-2010 2011-2015 2016-2020
Units
20.7%
rental
27.3%
rental
20.6%
rental
7.5%
rental
altusgroup.com
9
Rental Apartment Vacancy Rate, City of Burlington, 2001-2020
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Percent
Balanced market
altusgroup.com
10
Data from Region’s Annual State of Housing Report
Average Rents
Period of Construction Hamilton CMA Toronto CMA
2005+ (0-15 years old) $1,788 $2,109
1990-2004 (16-30 yrs) n.a. $1,871
1975-1989 (31-45 yrs) $1,240 $1,558
1960-1974 (46-60 yrs) $1,213 $1,528
Pre-1960 (60+ yrs) $1,049 $1,384
Average rents generally decline as buildings age
Mitigates need for long-term affordability term requirements
altusgroup.com
11
Data from Region’s Annual State of Housing Report
Burlington (all unit types) Halton Region (all unit types)
Year New Sales Affordable
New Sales
Affordable as
% of New
Sales
New Sales Affordable
New Sales
Affordable as
% of New
Sales
2020 287 101 35% 2,347 585 26%
2019 33 9 27% 1,728 150 9%
2018 77 21 27% 2,295 407 18%
2017 115 72 63% 2,157 1,059 49%
2016 210 76 36% 2,155 689 32%
Total 2016-2020 722 279 39% 10,682 2,890 27%
Region target – affordable/assisted - 30% of annual housing production
Burlington has achieved 39% over past five years, including 30%+ in three of past five years
Region – five year average (27%) just below 30% target
altusgroup.com
12
Revenue Impacts – IZ w/Affordable Ownership
Based on above scenario (10% IZ, 200-unit building), cost of affordable ownership unit (via foregone revenue):
• $558,000 per affordable unit or
• $62,100 per market unit
Thank You
Questions / Comments
13
altusgroup.com
14
% of Units Sold by Month After Launch – Actively Marketed Condo Apt Developments, Burlington
37%
43%
48%
53%55% 56% 58% 60%
62%64%
66%68% 70% 70% 70% 71% 73%
75%78%
82% 83%85% 86% 87% 88% 88% 89% 89% 90% 90%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
altusgroup.com
15
Lost Revenue - Affordable Rental
Most market rents would meet definitions of affordability. IZ may not be needed to produce affordable
rental housing – it just needs to get encouraged to be built.
Definitions – 2020 SOH Report Small Households Large Households
Assisted – Max. Monthly Rent $1,440 $1,640
Affordable – Max. Monthly Rent $1,650 $2,630
Average Rents / Market Rents Studio 1-Bedroom 2-Bedroom 3-Bedroom
Average Rents – Private
Apartments – Burlington
$1,221 $1,468 $1,635 $1,773
Average Rents – Rented Condo
Apartments – Hamilton CMA
n.a. $1,642 $1,947 n.a.
Average Rents – Rented Condo
Apartments – Halton Region (excl.
Burlington)
n.a. $1,777 $2,215 $2,395
altusgroup.com
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Changing Conditions Merit Ongoing Review
• Region DCs under review and expected to escalate significantly in 2022
• City DCs under review
• Community Benefits Charges take effect September 2022
• City updating Parks Master Plan – updated Parkland Cash-in-Lieu policies may
follow
• MTSA planning still underway
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Housing Completions by Year and Unit Type, City of Burlington, 2001-2020
0
200
400
600
800
1000
1200
1400
1600
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021YTD
Singles / Semis
Rows
Apartments
UnitsAverage Annual Housing Completions, City of
Burlington
Unit Type 2001-2010 2011-2020
Singles/Semis 555 142
Rows 369 73
Apartments 252 367
Total 1,176 582