
“Private investment above the ground in condos, hotels, retail and office space has outpaced public investment below the ground in roads, water mains, sewer mains and stormwater drains,” Cochrane said Tuesday. “We’ve hit a tipping point. The [task force] needs to investigate the beneficial impact a moratorium could have to help our city catch its breathe and catch up. The latest proposal is what we’ve been seeking in our petition. And it’s a sign of progress.”