Comment 55731

By George (registered) | Posted January 11, 2011 at 16:12:15

Zephyr wrote:

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.

I'm ok with that. Especially if it leads to private investment in the area such that the it's financially feasible for the tiger-cats to assume operating costs. In that case we all win to a degree.

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.

Guess we'll have to wait and see.

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.

Agreed 100%. That is something I would like too, but the sad fact remains that there is not enough money to build a CFL sized stadium there. How was that to be resolved?

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