Comment 123258

By KevinLove (registered) | Posted July 07, 2018 at 20:02:14 in reply to Comment 123247

Why is it either luxury condos or naught?

It isn't. Read the article. New Vision's discernment of the best use for the community is as purpose-built rental housing in the mid-market range. That's the part of the article where Ian wrote:

Our vision for the lands is purpose-built rental housing in the mid-market range. Mid-market rental housing is in a crisis in Hamilton and in Ward 3. The need is significant.

Purpose-built mid-market rental housing will not be profitable enough to generate enough money to pay for preserving the heritage structure. So in order to provide housing for people, demolition is the way to go.

Comment edited by KevinLove on 2018-07-07 20:07:21

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