Toronto has officially noticed Hamilton. A January 5 article in the Toronto Star interviews a recent transplant from Riverdale who bought 'twice the house for half the price'.
The article skips past Hamilton's sprawling suburbs, identical to Toronto's, and comes to rest in Hamilton's downtown core, a land of cheap urban houses, a revitalizing James North arts district, restaurants and amenities, and an underdeveloped condo market.
This segues smoothly into a special on Harry Stinson, the bankrupt Toronto condo developer who has moved to Hamilton and has his sights set on the stalled Royal Connaught Hotel redevelopment, which braces the Gore and, as the article puts it, "looks to be the perfect place for 'Stinsonizing.'"
Fed up with the development scene in Toronto, Harry Stinson sees acres of opportunity in Hamilton, a city he now calls home.
Viewing Hamilton's Gore Park, centrally located between Main, King and James Streets, he called it "the perfect urban square."
With small-scale buildings facing the part and a feeling of enclosure, The Gore, at it's sometimes called, has the intimacy of a European square.
With a current Downtown BIA that doesn't seem to see the Gore's potential as a vibrant people place, the infusion of new ideas (and, as Stinson moves out of bankruptcy, new capital) will be a much-needed catalyst for more reinvestment.
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