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By westandonguard (registered) | Posted October 06, 2010 at 01:45:10
"Frank Gehry's corporation wants to invest in the west harbour. So does Molinaro Group, Katz Entertainment, White Star Group, etc. Pretty sure we can come up with the money for a high quality stadium with those players."
"None of these guys have invested a nickel in Hamilton. "
Molinaro group certainly have built buildings in Hamilton. Hired many many Hamilton workers!
There are developers and investors ready for WH development. Yes.
As for money spent in Hamilton, White Star have nearly completed a redevelopment project on a large derelict building on Walnut Street. They saved that building among others. They also own property in WH (both sides of the Rheem site) and have been forced into abeyance by the city for years -- in full cooperation with the Setting Sails WH plans. Waiting. Silently. Patiently. Paying taxes and not able to develop for the last 10 years. They even own a valid business license for the property at WH and cannot operate. Now there is a story. Even Bob Bratina stated in public that White Star plans have sat on his desk for 5 years. Nothing done.
So I'd say they've invested some money in Hamilton. Is Hamilton not open for business? Sure, White Star plans seemed grandiose, with retractable stadium roof and condo development plans etc, but it was also a plan to create jobs, clean up the lands and help kick-start overall downtown rejuvenation. There is no talk about downtown rejuvenation anymore with this project, or LRT or GO. Enough with the stadium. Let's spend this money on smaller projects that truly INVEST in Hamilton, create some parks, open our selves to young business people who want/need good old vacant buildings ZONED correctly... clean up brown-fields, upgrade some infrastructure, and find solutions that fix the poverty in Hamilton. Combine the best of capitalism in the knowledge base society and the best of socialism for the good quality of life we all deserve. And spending so much money carelessly, so much of the PEOPLE's money, is down right criminal. The Future Fund was not designed for this...
Are we living in Bizzaro world?
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