Triple Group is meanwhile trying to stymie the Ajax landowner's chances of becoming the host of a huge distribution centre by launching a legal appeal against the town's rezoning of its golf course property. That means Triple Group's property - currently worth little since at least half of it is a protected wetland - would skyrocket in value to anywhere from $50 million to $136 million once approved for development. However, research by the commercial real estate firm CBRE shows that the average price of industrial land in the Greater Toronto area has soared to $1.6 million per acre. The TRCA estimates the value of industrial property in Durham Region at $600,000 per acre. As CBC Queen’s Park reporter Mike Crawley reports, sources say it would be for Amazon. The developer has plans to build what would be the largest retail warehouse in Canada on the site. While the Toronto Region Conservation Authority (TRCA) has vigorously objected to plans to build on the wetland in Pickering, it is not opposed to the plan for the golf course in Ajax.ĭuration 2:45 Moves by Premier Doug Ford's government to grant special permission to pave over a protected wetland in Pickering have generated headlines, but behind the controversy, there's an untold story. The landowner's property value will skyrocket and the project will bring at least $50 million in new tax and development revenue to one of the municipalities. Whichever site clears all of its legal and zoning hurdles first will be in the driver's seat. The battle is playing out just east of Toronto near Highway 401, on two pieces of property less than one kilometre apart: one in the city of Pickering on a provincially designated wetland, the other in the town of Ajax on a golf course. That story involves a battle between rival developers and rival municipalities to get the chance to build what would become the largest retail warehouse in Canada, a project worth hundreds of millions of dollars that multiple sources say is for Amazon.

Moves by Premier Doug Ford's government to grant special permission to pave over a protected wetland in Pickering have generated headlines, but behind the controversy, there's an untold story.

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