Comment 16708

By Capitalist (anonymous) | Posted January 07, 2008 at 14:57:54


From what I have heard, the ceilings on the Lister are two low for it to be converted into Class A office space and modern condos.

Calling LIUNA greedy just is not fair, they have done some nice projects in the city and they are taking a major risk with this project. For that they should be commended. I don't see anybody else taking a serious interest in this building. They are in the construction business and until I hear a different assessment from the city, I will believe their cost estimates.

Further, the city (i.e. taxpayers) should not be entering into any subsidized lease arrangement with this project (or any other project). People will not invest in Hamilton if some developers get sweet contracts while others have to compete in the marketplace.

As I said, the best solution is to get rid of the heritage designation and seek to build some new modern condos in that location.

Please tell me what good is your "heritage designation" if all it does is stalls projects? The Lister will end up like the Tivoli Theater and collapse. So much for "heritage".

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