Quote:
Originally Posted by Bauer_buyer
FYI...the developers of the Bauer Lofts have spent a tidy sum keeping the original building, and rehabilitating it to its new found purpose.
It's great to want to restore buildings but somebody has to pay for it.
Also the results may not be as lucrative, especially for the developers, as one might think.
I'm intrigued how people from the sidelines like to spend other people's money in order to preserve history.
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I figured they were required to keep the original building. There is no way on earth it would be more lucrative to keep it to the extent it was gutted than it would be to demolish it and start from scratch.
Is it a heritage structure?
The Bauer project could have easily incorporated a new building that had all the aesthetics of the old building at the corner of John and King. Because a building is new doesn't mean it can't look old.
I to feel that people are to readily suggesting what others should spend their development money on.