I'm glad the explanation of the TIF zone funding was explained once again. It's a common mechanism used across North America to kick-start development and improvement in the designated area......
(over time)
On another note, I can't wait for the details and renders on this one. Going to be an exciting year for projects in this city.
"A five-star hotel, office, retail and residential spaces as well public art, terraces, cafe seating, skywalks, specialty lighting, streetscaping, street furniture, a water feature and a parkway along Carlton Street. The plaza will include a skating rink, public stage, public seating and green space."
Source:
Note: I understand it is a phased project, fingers crossed..