Comment 102719

By mikeonthemountain (registered) | Posted June 19, 2014 at 22:37:35 in reply to Comment 102712

I gave you examples of Rockport and Urbancorp which in their real estate listings explicitly list the vibrant walkability and St Clair streetcar as assets.

Larry Blankenstein of Lash Development is building two condos on St Clair and says:

"People are very happy that we're developing it and they hope that more developers will come in, because it's changing the whole face of the neighbourhood." Another thing that has changed the face of the neighbourhood is the new St. Clair streetcar right-of-way, which Blankenstein says is a major reason why the developers chose to locate the condos where they did. But he acknowledges that not everyone has embraced the line, in part because the lengthy project created upheaval in the community. "There have been a lot of growing pains because it took longer than expected. But I think it will be the way of the future," he says, noting that new restaurants and stores have been popping up along the strip.

The city of Toronto actually has a study in progress to gather metrics on the changes. In the meantime, say you're still not convinced. Who cares. It was a fun diversion reading up on that street's rejuvination.

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