Quote:
Originally Posted by Labroco
Thought I would comment on this as well…
The parking and circus historically would be located on the 60,000ft2 back lot of Manitoba film Studios at Gomez / Higgins for example. This income helps to offset costs when the stage would be empty and realty taxes still need to be paid to the City. This is a zoned use.
When an entity such as Centre Ventures “facilitates” Market Lands for film use in this way, it directly takes that income away from an industry player making their business less viable. Instead of the funds going to the land owners / building owner/ business owner, the income flows directly to CV for salary and office expenses.
As Market Lands will not be built out for years, these lands have / will become the de facto parking lot / circus. If that income has disappeared now for the next 5 years, what impact does that have?
Greater than you may think and affects strategic planning for Real Estate.
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So the people who are supposed to be encouraging development of surface parking lots, the same people who regularly criticize the owners of said lots have created a surface parking lot and are now making money on it. Lol. Ohh Winnipeg. I love you!