Comment 84511

By seancb (registered) - website | Posted December 28, 2012 at 14:48:57 in reply to Comment 84510

Speculating and dreaming is not going to make this happen.

I interviewed Blanchard for the December Hamilton Magazine piece: http://www.myvirtualpaper.com/doc/hamilt...

I'll leave it to the readers to determine if these are the words of a man with a visionary plan.

After the salutation, the first words out of his mouth were:

Well we don't have a real solid plan there so...

Which set the tone for the entire conversation. Here are some more choice quotes from the full interview.

When asked about timeframe for construction and tenanting a new development:

I'm not optimistic that we'll have construction let alone demolition within, you know, a long time. I mean the only reason we're doing anything now is because interest rates are low...

When asked why the current buildings should come down when there's "no solid plan" yet:

If we take them down and work away at planning, that's not gonna be a problem because when we finally do get a plan and a tenant and financing, we'll be able to move forward quickly, so why not?

When asked about his vision for what would face Gore Park:

Potentially a grocery store, or a Target, or whatever. I don't know

When asked whether he would consider developing facades with narrower storefronts (like the ones that will be replaced) and smaller businesses:

It has to be a large tenant because those small tenants can't afford the kind of rent that is going to have to be charged for a brand new building like that. [...] I'd rather just get one cheque for $250,000 a month or something than 50, 70, 80, 200 cheques.

Comment edited by seancb on 2012-12-28 15:58:24

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