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By Steve (registered) | Posted August 16, 2012 at 15:34:38
Is the devil wearing a parka? Someplace hot must have froze over.
I can't believe that RTHer's are actually onside with tearing down a big old beautiful building which is part of our industrial heritage for what will essentially be this type of building, http://goo.gl/maps/qb8f0 or this type, http://goo.gl/maps/ViQpb grouped with others in a disposable industrial mall.
Any bets on a self storage facility being one operation?
I realize the location isn't ideal for a technology/new manufacturing revival a al Kitchener's Lang Tannery District, http://www.therecord.com/news/business/a... but with some creative thought and $650K worth of incentive money vs. demolition money I'm confident something good could have happened at Studebaker.
No worries the earth ends at Wellington Street and this is east of Wellington. Oh well...
Note, there is no timeline committment to build after demolition and the report clearly states the owner will apply to MPAC for a revised assessment on their then vacant land.
Any guesses on how long it remains mostly vacant? 5 years, 10 years, 15 years, longer?
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