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Originally Posted by rocketphish
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Planning committee backs demolition of vacant Rideau Street buildings
Time is running out for several vacant buildings on Rideau Street near Charlotte. The buildings are to come down for a temporary park on a spot where condos are to be built.
By David Reevely, The Ottawa Citizen April 24, 2012
OTTAWA - A group of vacant buildings on Rideau Street got a step closer to demolition Tuesday morning, with approval from city council’s planning committee to replace them with a temporary park.
They’re on a property at Rideau and Charlotte streets owned by Richcraft, which intends to build a mid-rise condo building, but not yet.
The tenants, mostly small restaurants and stores, are all gone and the buildings themselves are falling apart, but Richcraft and the city spent years discussing what could replace them until it’s time to build the condominium.
Tuesday, the planning committee agreed to a deal that’s to see Richcraft build a small corner park and pay the city to maintain it, in exchange for which the company will likely see its $14,000 or so in property taxes on the land forgiven — making the deal roughly a wash for both sides. The park will feature a sign warning that eventually the owner plans to develop the land.
Councillors on the committee approved the plan unanimously. If city council rubber-stamps it in turn, work is supposed to be done by Oct. 15.
From The Ottawa Citizen
http://www.ottawacitizen.com/news/Planni...ildings/6509762/story.html#ixzz1syjx1p6g