MZOs were intended to be…

MZOs were intended to be rare and exceptional — used only where there is clear urgency, municipal support, and a strong public interest.
That is not the case here.
The economic and viability case for these MZOs and this project has collapsed. The condominium market has both collapsed and shifted, with the market no longer supporting high rise projects dominated by studios and one-bedroom units, which is the configuration this TOC proposes.  Oakville needs family-oriented, complete-community housing, not investor-driven micro-units. The project will not proceed for at least five years, so there is no urgency or justification for imposing these MZOs now. Their only effect is to lock in inflated land values for the developer. IO should pause, shut down this TOC, withdraw the MZOs, and proceed with OPA 70, that is a responsible, deliverable, community-supported plan that is aligned with the changing market.
In addition, oakville has a plan that meets the government's mandate for housing.
I am opposed to these MZOs and to the flawed process being used to impose them. The only MZO that should be issued is one that mandates the Town’s Official Plan Amendment (OPA 70) for all of Midtown Oakville.