Wood Frame Construction Has Yet to Catch Up to Regulations in Toronto
"Few developers are taking advantage of new Ontario rules that allow for taller wood-frame buildings," reports Luke Simcoe. "The reason? They can’t find the right wood."
A new development called Heartwood the Beach in Toronto will be the first project to take advantage of regulations implemented in January 2015 that "allow for six-storey wood buildings instead of the previous four storeys." The rules were intended to introduce new forms to the city's skyline and lower the cost of building mid-rise residential stock.
The specialty lumber required to build at these new heights, however, has made it difficult for developers to realize those cost savings.