Comment 55729

By Zephyr (registered) | Posted January 11, 2011 at 15:58:44

@George -

But it seems that all we are getting for our $115M is.... a prettified Ivor Wynne. And then Bob Young is leveraging that investment to lure some "major corporate sponsors" to partner up with him to build this mythical "sports precinct" in which they will collect all revenues.

Wondering if they really believe that building a few bars and sports stores will really suddenly attract the hordes of eager spenders, when 80 years of IWS have failed to do so previously.

My argument is that a significant investment on the WH WOULD lure hordes of investors eager to build condos, offices, etc. Because no matter how optimistic your vision is, I don't think anyone really envisions condo-dwellers and young urban professionals hankering to live near Bob's Sports Precinct. Whereas young urban professionals are eager to live near the beautiful harbour.

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