[ScreamingViking]

Hopefully there will be movement on this development now.

https://www.thespec.com/news/hamilto...29a6c967e.html

After years of uncertainty, tenants of a Hamilton low-rise complex slated for partial demolition have secured a relocation plan from their landlord.

The negotiated agreement offers security to dozens facing displacement from 195 Wellington St. S., a three-storey complex by Corktown Park.

A key provision is that tenants living in units eyed for the wrecking ball can be shielded from higher rates in Hamilton’s jacked rental market.

“That’s definitely what I was looking at,” said Althea Samuel, who shares a two-bedroom apartment with her two daughters in the 85-year-old building.

Medallion Corporation’s relocation plan makes other units at the U-shaped complex available to displaced tenants at the same rate, or less if the substitute apartments are smaller.

Likewise, they can move to similar units in other Medallion buildings and pay their current rent.

Another option, tenants can opt for buildings outside of Medallion’s portfolio, in which case, the firm has agreed to a year of compensation based on departing rent. Moving expenses are also to be covered.

The arrangement springs from talks with city officials as part of a settlement of Medallion’s appeal to the Ontario Land Tribunal.