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During public engagement on most redevelopment projects, the issue of ‘ever increasing’ commercial lease rates is a common discussion topic. To state that profitability is the only driving factor behind commercial lease rates is inaccurate: many factors affect the market-offered rates.

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With the leaves falling and the sun warming our sunny little piece of Kensington, it reminds me I had intended to write a most sincere letter of thanks as the BRZ Streetscape Chair and as a landlord in the area to those involved in our construction in the area. 

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When a great deal of effort and thought are put into a policy document, there is a collective sigh of relief when it is complete. Something excellent and clear has been crafted out of chaos and good intentions, and it should be honored and utilized. However, it should also continue to grow and change as it is applied.

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