Hamilton's finite stock of heritage and historic buildings offers a powerful draw to thousands of individuals who are looking for history and uniqueness.
By Chris Erskine
Published November 22, 2013
On Tuesday, the Hamilton Spectator reported that the Stinson lofts will soon be ready to move in.
The moving trucks will be pulling up to the Stinson Lofts any day now and already developer Harry Stinson has his sights set on buying another historic Hamilton school.
The article shows that individuals and developers are starting to realize the great value that can be found in heritage properties.
Some have argued that saving old buildings is a waste of money, but for those with vision and desire to create something special, Hamilton's built heritage provides a great opportunity to make money by tapping into people's need for a richer life.
In an age of global mass production, history and uniqueness are qualities that people want to consume as a way of defining their identities. These individuals appreciate the history, the character, and the human scale of older buildings.
As the Golden Horseshoe turns into single, integrated region, cities become more like large neighbourhoods than independent regions.
Hamilton's finite stock of heritage and historic buildings offers a powerful draw to thousands of individuals who are looking for something different. While many small towns surrounding Toronto have turned into large urbanized cities, few have the history or urban core like Hamilton.
In such a vast region as the Golden Horseshoe, Hamilton's built heritage offers a competitive advantage that few communities can challenge.
Individuals and developers will take advantage of this resource in the coming years, if it is still available.
The real question is whether civic leaders will protect heritage and historic buildings for those who wish to build a stronger, a more sustainable, and ultimately a more profitable community.
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