Inclusionary Zoning – What Does It Mean For My Development Project? - Real Estate and Construction
Introduction The City of Toronto (the "City") has released details of its proposed inclusionary zoning framework. At its September 22, 2020 meeting, the Planning and Housing Committee endorsed a draft official plan amendment and zoning by-law amendment to implement inclusionary zoning as a basis for public consultation. While final approval by Council is still many months away, the details of the report paint a clearer picture for the development community in Toronto of what is to come. Background Inclusionary zoning is a powerful land use planning tool municipalities can use to require that ...