Comment 45875

By jason (registered) | Posted August 17, 2010 at 16:01:22

Crowbar, the area is a real mixed bag. The actual stadiium and velodrome site are former industrial areas that are vacant. think of the ultimate brownfield. This is it. However, the waterfront is right there and for example, last year alone the Hamilton Waterfront Trust recorded over 1 million transactions at it's facilities on the waterfront, which currently only consist of a Williams Coffee Pub, an ice cream shop and harbour boat tours. Add in many tens of thousands more people who come to walk, rollerblade, exercise, attend festivals at the waterfront and it's one of the most popular areas in Hamilton. A home just off Bay St with views of the harbour just sold for almost $700,000. Another one on the other side of the stadium site, just off Barton west of Queen is currently listed at $725,000. 5 or 10 years ago people would have slapped anyone who'd dare to suggest that homes in this area would sell for more than 4 or 500,000, let alone $700,000.
I live just off York near Locke, about a 6-7 minute walk to the stadium site and I consider it to be one of the best neighbourhoods in the entire city. As do my neighbours and friends who don't live in the area.

Proximity to the harbour, downtown, James North, Locke, Hess and great parks make this area a really amazing part of Hamilton. Adding in a new stadium/velodrome/condo/restaurant district at the waterfront in walking distance to all of the above mentioned areas would probably be a real tipping point in seeing this area become a full out boom-town neighbourhood. Cleaning up all these acres of brownfield land in the middle of the city would be incredible.

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