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Old Posted Mar 17, 2022, 3:29 AM
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matt602 matt602 is offline
Hammer'd
 
Join Date: Jan 2006
Location: Hamilton, ON
Posts: 4,800
Quote:
Originally Posted by StEC View Post
Is it just me or does it seem a handful of projects have stalled and new proposals have slowed to a trickle the last year? We had a flurry of proposals and construction starts the last 5 years but it seems all the buzz has gone dormant.

Hoping the lightening strikes again soon and we see all the stalled proposals start up and new proposals start rolling in again!
Its true that a lot of projects have gone tits up since the pandemic happened but in the same time several projects have also been finished that started before it, or even some that started after have also finished. I think overall development in the Hammer is chugging along at a positive pace, with or without the pandemic being taken into consideration. Once we're finally out of it for awhile and LRT construction starts, I think we'll see a new boom. Land values have definitely caught up and I think banks aren't as skeptical to lend money as they would have been in Hamilton 5 years ago.
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