Quote:
Originally Posted by Simplicity
I'm open to hearing about which of these developments you're regarding as successful. I'm always attaching the caveat to my posts that there are certainly examples of buildings that have been renovated and repurposed in some capacity both at the expense of financial success and the City underwriting the investment, but what are we actually talking about here? I wouldn't regard any of the buildings on Princess as success stories in any capacity. You can't just disregard the fact that the city has to step in and plow money into projects in order to get them done. That's a horrible sign. It's as bad of a situation as you can have. How does this connote success?
My office is also in the Exchange. I've been there since 2003. If there's something I'm missing, I'm all ears.
|
seriously?...the exchanged hasn't changed significantly in the last 10 years?....i wont even justify that.
i don't know if developers are getting rich or not...i don't really care...all i know is that quite a few of them have redeveloped heritage buildings in the last 15 years....to me that is success....the argument is should zaifman be allowed to tear down his building....the answer is no, because there appears to be a number of developers in the area willing to redevelop heritage projects...that cant be argued....its just a fact....i consider all those projects on princess a success....and the dozens of other heritage buildings that have been restored for office, retail, whatever.
the residential grant program has assisted the market for sure, but the government subsidizes suburban development even more....we are building a downtown residential market....hopefully one day it stands on its own...the best opportunity for that to happen is to maintain the buildings that create the demand.
I dont know what your criteria for success is but a developed building is mine...and in a winnipeg context, the area has seen an amazing amount of that since the construction of waterfront drive. When i started working in the exchange, the only residential building was ashdown, now there are easily 25 residential buildings in the exchange.....how many new residential buildings have been built or converted in the rest of downtown in the last 10 years?....two?....the only retail in the area was a few antique shops, how many restaurants and shops are there today?...why would it be happening in the historic neighbourhood i wonder?....any guesses?
fact is many heritage buildings are getting redeveloped.....that cant be argued....the exchange is the fastest growing part of downtown by a long way...residentially and commercially....somebody's making money somewhere or it wouldn't be happening....and it is happening there instead of somewhere else because of the old buildings...the only reason......so, no zaifman has no right to break the rules....