Quote:
Originally Posted by jollyburger
I mean if it limited the redevelopment potential of the HBC site then it wouldn't be considered. But I was just thinking if the city relaxed their parking requirements Holborn could maybe pay some money to the land owners to get rid of the covenant.
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Apart from loading and spaces for accessibility, (which shouldn't be relaxed) does the City have any parking requirements? I thought those had gone across the entire city.
You would think Holborn would have already tried to get the covenant removed. In the current situation it seems very unlikely RioCan or the court are likely to agree to anything until the legal status of the HBC building is all cut and dried.