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By drb (registered) - website | Posted January 23, 2011 at 02:27:17
Graham, your article illuminates an often over-looked aspect of this whole stadium issue. Catalytic investment is the seed that creates a cascade of investment in an area. We are starting to see forward-thinking owner/developers buying and repurposing derelict properties all over the lower city (as many people have pointed out here). I watched this happen on Locke street from 1990 onward (both as a resident and business owner) as brave first investors began to discover the area. In the case of WH the bold move has to be made by the city (both the administration and us, the collective) as remediation is is generally out of reach of private business. Toxicity is a long-term impediment to private investment in some Hamilton neighbourhoods.
Oh, Hammy? Graham lives and owns a business in Hamilton. Please read before you post.
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