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By mdrejhon (registered) - website | Posted November 04, 2015 at 22:00:04
One of the most interesting mixed-income revitalizations I've seen in recent years is Toronto's Regent Park. Seeing it transform over the last few years has been nothing short of astonishing, and its transformation is still well under way as one of Canada's biggest mixed income developments in progress.
It is not perfect (e.g. temporary relocations of low income residents when old lowrise apartment blocks got demolished to build large mixed income buildings) but anybody that duked out the temporary relocation inconvenience -- got much better digs and are generally happier, the business suit types (who pay full price) walking past poor families / immigrant families (who got a low income unit), in front of budget restaurants & slightly fancier patio cafe, in what arguably looks like vastly better apartments. There's lots of new spaces available including community centers and a now-well-loved indoor municipal swimming pool.
It actually appears to be paying for itself (the costs of providing the low income housing is fully covered) while simultaneously creating new low-income housing units -- A lot more low income units got created as well, as low-rise 3-storey block buildings got replaced by 30-storey-league towers.
Do you think we should eventually have something similar to this, at a smaller scale, happen somewhere in Hamilton? Good or bad idea? If so, where in Hamilton?
Comment edited by mdrejhon on 2015-11-04 23:03:30
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