Toronto dealer builds vertically to offset high land prices
Shahin Alizadeh says soaring property prices in big cities will only "get worse." So the Toronto dealer scrapped plans for a traditional auto mall downtown and opted to build multi-story dealerships, high-rise condos and fancy shops to maximize use of his acreage and negate rising land costs. Alizadeh says dealers and manufactures are monitoring the mixed-use development to see if it can be replicated in other large cities.