Vibrant Neighbourhoods - Submission #23
Thin Streets: From Asphalt to Affordable Housing
The City has an enormous land resource in the form of underutilized streets. We propose dividing 66’ wide north/south street right-of-ways into equal parts, creating two new 33’ residential lots and a narrower 33’ street right-of-way. The new lots would be developed for afford¬able housing. A conservative estimate is that over 10,000 homes could be created, tapping into over $2 billion in land value.