Financial Analysis

Wood Frame Mid-Rise Study

Client:

Ontario Growth Secretariat, Ministry of Infrastructure

Location:

Greater Toronto Area, Ontario

NBLC Services

Mid-Rise Development Market & Financial Feasibility
School Feasibility Case Study
Wood Demand Forecast
Green Building Review
Economic Impact Analysis
Policy Recommendations

Project Description

NBLC was retained in May of 2010 by Infrastructure Ontario to provide objective research, analysis and advice regarding the greater use of wood in the construction of residential mid-rise (5 & 6 storey) buildings and public buildings as part of the Province’s review of the wood use provisions of the Ontario Building Code.

The study explored the use of less expensive wood structure to enable builders to satisfy the increasing market demand for centrally located, affordable housing and to fulfill the intent of existing provincial policies for greater urban intensification and more efficient land uses. For the exercise, NBLC prepared a case study which identified prototypical sites, including one within a City of Toronto Official Plan “Avenues” land use designation, and another in the ‘905’ Region.

The economic impact of increased development and wood demand were also examined as part of the study.


Financial Analysis Case Studies