Hey, Bratina.. it's Common Sense at the Door! You might wanna answer it!
Quote:
So if LRT is so important to the city's economic development, why aren't developers swooping in with plans and cash in hand?
That's easy to explain, says developer David Blanchard, whose company owns a lot of property along the line.
“No one is going to run in and buy up all this stuff on a dream.”
Until there are commitments and timelines in place, developers won't sink money into buying property, he says.
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source (and full article)
http://www.thespec.com/news/local/ar...-off-the-rails