Letter states that LRT will help attract new residents and investors, curb sprawl, improve transportation choice and develop the city's diverse economy.
By RTH Staff
Published June 16, 2016
Michael St. Jean, team leader and vice president of Team St. Jean Realty Inc, has written a letter to Hamilton Mayor Fred Eisenberger and City Council calling on them to reaffirm their support for the city's light rail transit (LRT) plan.
The letter states that the Realtors "throw our full support behind" the plan, in light of their years of experience studying Hamilton's real estate market trends. It notes that LRT will attract new investors to the downtown, reduce suburban sprawl and providing better transit options to residents and business commuters, while further developing Hamilton's economy and making Hamilton a more attractive city.
It concludes that the disruption and inconvenience of the construction phase are "short-term at best, while the benefits of LRT will last the city for decades to come."
Following is the text of the letter:
Dear Mayor Eisenberger and members of Council,
As a proud member of the city of Hamilton, St. Jean Realty has been honoured to play a role in the revitalization and the development of our thriving and growing community. Recently, however, reports regarding Hamilton's Light Rail Transit Initiative have left us concerned.
Over the years, we have kept our pulse on the changes within the neighbourhoods, districts and businesses in our community. We understand the trends that impact the surrounding real estate and commercial market throughout Hamilton. It's with this knowledge and experience that we throw our full support behind Hamilton's Light Rail Transit Initiative.
Hamilton's LRT Initiative is a long-term improvement to the city. Further, it is one that the city desperately needs to continue to grow and expand. We strongly believe that it will have both a positive and long-lasting effect on Hamilton as a whole - more than enough to make the construction and expense worthwhile. To us, the benefits appear to be manifold. The LRT Initiative will:
Bring in additional investors to our downtown centre, thereby revitalizing it and making it more convenient for residents.
Curb urban sprawl, both improving upon the commerce within the center and protecting the local farmlands.
Reduce traffic, making business commutes easier and providing better transportation options to residents.
Of course, the LRT will require an upfront investment of time and money, but funding has been made available for the project through the province, and it will be a long-term investment in the future of the city. The LRT will encourage growth throughout Hamilton, It is a necessary improvement for a city that is poised to enter a new stage of development.
In recent years, Hamilton has been developing a strong and diverse economy that builds upon its once industrial roots. This economy can only be further developed through better efficiency and convenience. The LRT will improve upon the competitive nature of Hamilton compared to other large cities, drawing in both additional investors and new residents. The LRT represents a commitment to future growth and the ability to identify winning opportunities as they come.
We at St. Jean Realty sincerely believe that the LRT is the best option for the future of Hamilton and strongly urge the city leadership to accept the provincial funding of the LRT line. The minimal disruptions that construction and development may cause are short-term at best, while the benefits of the LRT will last the city for decades to come.
Michael St. Jean
Team Leader & Vice President
Team St. Jean/St. Jean Realty Inc
88 Wilson St. West, Ancaster, Ontario, L8G 1N2
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