Quote:
Originally Posted by Vin
I don't think the village extended to that area where the broadwalk with the vacant shops are now. That used to be marshland I think.
Yeah, it's a deal, but hasn't the developer suffered enough with the units being vacant for so long? For the sake of the community, they should be more flexible and compromise by doing something positive instead of posturing their ego all the time.
At the moment, no one is benefiting from this: the public can't access the potential services there, the owners can't receive rental revenues, and the City is losing tax revenue and its reputation for not being flexible. Truly lame.
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No they have not suffered enough. They should suffer for eternity, or until redevelopment of the lot. Onni knew what they were doing and I am certain they went into it planning to let the units sit empty until the city caved, They took a calculated risk, and they need to pay.
I believe the city is absolutely benefiting here, they are strengthening the power of all their future agreements. The power of their word. That is much more valuable then a couple empty store fronts.
Also keep in mind Onni CAN lease them out immediately, they just need to lower the lease rates that they are keeping high apparently in order to pressure the city. It is fair to say Onni is keeping those units empty on purpose. Those units can have mom and pop marine related shops right now, they do not need to be empty. Its on purpose I tell you. Onni is literally screwing over the citizens of Richmond for minuscule amount of extra profit. Zero corporate ethics.
Also like I said the city should pass a bylaw to levy some sort of fines towards Onni if they don't pretty up the store fronts. Easy bylaw to pass and logical, if a store front is empty for say 12 months or 24 months it must look a certain pleasing way so as to not degrade the neighborhood. Failure to comply leads to fines. Do it Richmond! Those store fronts can be empty and still enhance the neighborhood, takes little effort for Onni as a good neighbor. Through in some art displays, some historical pictures over the windows etc. flowers.