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Old Posted Jul 25, 2014, 11:35 PM
Drybrain Drybrain is offline
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Join Date: Sep 2012
Posts: 4,130
Quote:
Originally Posted by Ziobrop View Post
Yep. Needs to loose the stone.. Looks like it belongs in an office park somewhere

HTNS used to have offices in the khyber.. They could buy it. Heck I wouldn't complain if the city sold it for 1$ contingent on them restoring it..
The irony, I assume, is that they could never afford to restore it?

My two cents on Khyber is that city should just fix it. The costs are unfortunate, but it's an extraordinary building (Keith's opinion notwithstanding) and I just don't see a proper restoration, at the $3-4 million cost estimate, being tenable for a private developer, unless they commit some substantial alteration/build above it/etc. (Maybe I'm wrong, but that's my hunch.)

It'd be wildly unacceptable to commit substantial alterations to the building in the name of making a redevelopment/re-use more financially feasible. It just needs to be fixed, as-is. It needs cash money. Christ, I keep coming back to the Lister Block in Hamilton--the city spent $21 million on that, and that's a city in a less enviable financial position than we are. The Khyber needs to be fixed, by the city, now. Selling it so some private developer can snap it up and then sit on the land until the building falls down is no solution.
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