Quote:
Originally Posted by coalminecanary
The US steel land alone is 1.3 times the size of all of the port authority lands. Might be a good idea to figure out if that can be "made available"
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US Steel is still in operation, but the HPA has expressed interest, as indicated in the above article and in earlier press coverage:
Port Authority keen on US Steel land potential
(Hamilton Spectator, Teviah Moro, Nov 1 2013)
The Hamilton Port Authority is expressing interest in U.S. Steel's harbourfront property as the Pittsburgh-based company dials back its operations.
"We find ourselves running out of land for new investment; if the U.S. Steel property became available, we could put it to productive use, generating jobs and economic growth for the city," Bruce Wood, port authority president and CEO, told The Spectator in an emailed statement…
With steelmaking terminated, the blast furnace and basic oxygen furnace (BOF) are permanently mothballed hulks on the 328-hectare Wilcox Street complex, which spans piers 16, 17 and 18, and sits beside its easterly neighbour, ArcelorMittal Dofasco.
Coating and finishing jobs, performed by the cold mill, No. 3 galvanizing line and Z-line, remain operational. Coke ovens are also still in the mix.
The property was assessed at $166 million in 2013.
U.S. Steel won't say whether it plans to sell unused space on the site, or comment on the extent of that space's footprint....
....in 2006, the Hamilton Port Authority bought an unused steel rod mill from Stelco.
Wood noted the port authority and tenants spent $70 million to revitalize the parcel, where Lafarge Inc. and Yellowline's new asphalt cement terminal are located.
HPA should be looking into
the MANA properties as well. They were a $106 million acquisition and redevelopment in 2010, and it may be a little more cut-and-dried.
FWIW,
HPA was once pitched as part of the Aerotropolis CLC but I don't think they got across.