Our little estate by the sea is set to grow and thrive. The developers have not just built houses. They want to build a community.
The development will also include a shopping and dining precinct.
I am looking forward to it. No fixed date yet, but it will include cafes, a fresh food and small market and a ancillary health suites. Good for those wanting to retire by the sea.
Some people are concerned about the high density that more development may bring. To me, it is part of living in an attractive part of the world. Near services, close to a major capital hub, or at least within commuting distance, and a waterfront lifestyle.
For many that is paradise. And of course, it represents profits for the developer, who commenced the original part of this peninsular development about fifty years ago.
Any development always represents a tussle between losing the natural environment and the needs of a growing population, and an economy that pushes and supports progress and profits. How to balance the two?
There is a community group that is opposing the increase in height from 5 stories to 7 stories for mid to high density townhomes and apartments.
Am I concerned? Normally I would be, and if it was right on my doorstep, yes I would absolutely be against it? But really they are arguing about air space. The air between five and seven stories!
In New York, air space about floor level has a price, and can be transferred, bought and sold, just like any real estate lot! Can you believe that?
As far as environmental concerns go, the debate between five and seven stories is not so relevant, but it does set a worrying precedent.
What are your thoughts on development? Pros? Cons?