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By statius (registered) | Posted January 15, 2008 at 15:46:55
I highly doubt if the city would consider purchasing the Lister if it were to be sold off as condos (although in some ways I wish it would). If the city were to take ownership, I suspect the only sort of residential development we would see would be some sort of social housing initiative, whether in the form of low cost or subsidized apartments or co-ops. While some of the more strident (read dogmatic and irrational) anti-poverty advocates might skewer me for saying so, I really don't think that more public housing would be in the economic best interests of the downtown. But I guess there's no way to avoid offending class sensibilities when we're talking about turning a downtrodden area back into one of high economic output ...
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