Quote:
Originally Posted by C.
Historical buildings are notoriously expensive to integrate into new buildings. I'm curious if this fire and resulting redesign now makes the site less costly to develop...
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The developer already determined a while ago that it would be too expensive to redevelop the existing heritage building. It was simply in too poor a state to save. They decided on full demolition of the existing structure with approval from the city. The new design will pay tribute to the old building, but it will be a completely new structure.
If anything this fire may speed up the construction timeline?