Quote:
Originally Posted by O-tacular
Damn. That old gas station added a level of grit and authenticity to the area. It was also quite active. My fear with East Village is that they will simply wipe out the very limited stock of original buildings in favour of homogeneous new condo developments. For an area that's like 70% vacant land already I don't understand why they are going after stuff like this.
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Most of the parcels in EV have concrete redevelopment plans. In reality CMLC maintains ownership of only three parcels at the moment (both sides of the DI) and the 'EVE Block' where the N3 sales centre sits, surrounded by a block of parking. The neighbourhood is at the midway point in its redevelopment (of the 20 year plan) as such, over the next 10 years any vacant land you see right now will look vastly different.
They are going after the gas station because it's one of the few parcels remaining in EV that hasn't already been redeveloped, or have plans to be redeveloped.
The cost of purchasing the Gas Station is likely significant - and with little heritage value of the building itself, there is minimal incentive to preserve it as is. The land likely requires remediation, and the actual structure itself isn't in great shape. Moreover, it's a pretty small space. Opportunities to do anything with this building other than as a gas station are limited. Moreover, there is no emotional attachment to the building as people have expressed with places like the King Edward or St. Louis.
Don't get me wrong, I'm all for preserving our heritage assets, but just because a building is 'old' doesn't mean it's worth keeping for a multitude of reasons. Just my 2 cents of course.