Downtown Toronto

 Eight Real-Estate professionals were appointed recently to the board of Build Toronto, mandated to turn Toronto's own land holdings into cash.

Now the city can use Build Toronto as a means to further overcome political resistance to suburban intensification.

Three downtown councillors have helped add $40-million to Toronto's tax base by expediting approvals for development in their wards.

Build Toronto is now mandated to expedite the same type of deals in the suburbs against the "Not in My Back Yard" attitude , immune from council's control.

The Mayor played a lead role in picking the board and he drew from the top private-sector expertise.

So it will now be all business for the Build Toronto board and we wait to see how they will "monetize"  the City of Toronto's real-estate portfolio.

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