London Construction - Development News Thread #1

[ldoto]

City Looking into Making City Streets Nicer
Nov, 14 2007 - 6:30 AM


LONDON - Board of Control will be asked to approve a new Downtown revitalization program, later this morning. One that would cost taxpayers about half-a-million dollars each year.
The plan has been in the development stages for the past year, and is now ready for consideration by Controllers.

Essentially, they're trying to make Dundas Street and the neighbourhood around it look a little nicer.

Recommendations include providing tax relief to business owners who use the first floor of a building for things like specialty retail, entertainment and other key services.

As well, aid would be provided to owners of designated heritage properties who want to preserve or enhance their buildings.

The plan also calls for a revolving fund to help business improve facades that don't face the street.