Quote:
Originally Posted by TheRitsman
Fair, but CF is also redeveloping and renovating LimeRidge
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Yeah, exactly!
Lime Ridge (A CF property) is the main shopping hub on the Hamilton Mountain. It's the shopping destination basically for the entire city, since there isn't a shopping centre on par with Lime Ridge Downtown (not saying Lime Ridge is incredible btw). I would think from purely a business perspective that CF would want to take hold of the retail market Downtown as well.
I understand that they originally owned the property 28 years ago, but things are different in 2018. Downtown is becoming more of a destination then it has been in decades. With all of the developments U/C and approved and just waiting to be built (not to mention those under review as well) there's a massive increase in residents in the core and surrounding area, and that number is only going to increase in the coming years.
I think it's an easy decision, not just for CF but for any other major commercial real estate company.
We can speculate forever. I'm just happy that it's up for sale and looking forward to what will happen to it.
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