We hear a lot about how Hamilton has this great old building stock that really should be acting as the catalyst for cool urban redevelopment.
Check the this link from the city we all love to hate - the yuppied up, condo-suffocating Toronto - featuring some great infill project by Streetcar Developments.
Why the heck can't Hamilton land a developer like these 'Streetcar' folks in Toronto?
Think of all the cool old buildings in our city just waiting for their new incarnation as loft apartments over a streetfront café. King East, Barton St, Ottawa North, James St, King William. The possibilities are endless.
Before anyone rains on this parade with arguments about how nobody would buy such units in Hamilton, please explain to me why loft units near my neighbourhood in buildings such as the Core Lofts, Margaret St lofts and Allenby Lofts are selling for prices twice what I paid for my house?
Any proper loft project that has been built in Hamilton has sold out and had great resale values. Even hidden, tucked-away projects like the Garfield lofts and Alanson lofts in Central Hamilton.
Hamilton needs some businesspeople and visionaries who see the raw potential of our city as well as the ability to make money in it.
We don't need more bland apartment blocks or 1980's townhomes. We need to rebuild the city from within - and when I say rebuild, I don't mean demolish. I actually mean rebuild.
Our city is loaded with old churches, factories, warehouses, banks, commercial blocks and everything in between. Some of the coolest, urban living units anywhere could be housed in such buildings.
Let's please get Streetcar Developments here and start rebuilding.
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