__________________
The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. (Bertrand Russell). Sweet Loretta fart thought she was a cleaner, but she was a frying pan. (John Lennon)
Interesting story about a Ottawa condo project that was just cancelled due to new economic realities. I suspect we will see similar decisions being made in London and may even include rentals. The shortage of high rise construction workers may be ending soon as projects wrap up and no new projects get started.
If they haven't already done so many storefront businesses downtown should install steel shutters to protect their windows and doorways from breakins. HiRez night vision security cameras are also a very good idea and taking these measures might help in keeping their insurance costs from increasing beyond sustainability.
Interesting story about a Ottawa condo project that was just cancelled due to new economic realities. I suspect we will see similar decisions being made in London and may even include rentals. The shortage of high rise construction workers may be ending soon as projects wrap up and no new projects get started.
If they haven't already done so many storefront businesses downtown should install steel shutters to protect their windows and doorways from breakins. HiRez night vision security cameras are also a very good idea and taking these measures might help in keeping their insurance costs from increasing beyond sustainability.
The city should create a new fund for the police that is strictly for foot patrols in the Core. This way these issues can hopefully be avoided and when there is an incident there is immediate response and not waiting hours for the police to show up. The same thing should be done in Old East.
The city can spend all it wants on downtown improvements but it will mean nothing if people are afraid to go there and businesses have to leave because of it. Dundas Place exemplifies this beautifully.
The city should create a new fund for the police that is strictly for foot patrols in the Core. This way these issues can hopefully be avoided and when there is an incident there is immediate response and not waiting hours for the police to show up. The same thing should be done in Old East.
The city can spend all it wants on downtown improvements but it will mean nothing if people are afraid to go there and businesses have to leave because of it. Dundas Place exemplifies this beautifully.
Looks like Homestead is selling off a number of their apartment buildings. Suspect this is a accounting move to setup the buildings as some kind of REIT.
640,650, 660 & 746 Fanshawe Park Road East type Apartment building portfolio price $24,100,000 seller Homestead Land Holdings Ltd. buyer 640-650-660 Fanshawe Park Road Ltd., 746 Fanshawe Park Road Ltd.
21 King Street type Apartment building portfolio price $29,500,000 seller Homestead Land Holdings Ltd. buyer 21 King Street Apartments Ltd.
1560, 1570 & 1580 Adelaide Street North type Apartment building portfolio price $57,200,000 seller Homestead Land Holdings Ltd. buyer 1560 Adelaide Street Ltd., 1570 Adelaide Street Ltd., 1580 Adelaide Street Ltd.,
The city should create a new fund for the police that is strictly for foot patrols in the Core. This way these issues can hopefully be avoided and when there is an incident there is immediate response and not waiting hours for the police to show up. The same thing should be done in Old East.
The city can spend all it wants on downtown improvements but it will mean nothing if people are afraid to go there and businesses have to leave because of it. Dundas Place exemplifies this beautifully.
great idea. Hopefully the police won't instead waste time and money with some worthless 'task force'.
__________________
The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. (Bertrand Russell). Sweet Loretta fart thought she was a cleaner, but she was a frying pan. (John Lennon)
Looks like Homestead is selling off a number of their apartment buildings. Suspect this is a accounting move to setup the buildings as some kind of REIT.
640,650, 660 & 746 Fanshawe Park Road East type Apartment building portfolio price $24,100,000 seller Homestead Land Holdings Ltd. buyer 640-650-660 Fanshawe Park Road Ltd., 746 Fanshawe Park Road Ltd.
21 King Street type Apartment building portfolio price $29,500,000 seller Homestead Land Holdings Ltd. buyer 21 King Street Apartments Ltd.
1560, 1570 & 1580 Adelaide Street North type Apartment building portfolio price $57,200,000 seller Homestead Land Holdings Ltd. buyer 1560 Adelaide Street Ltd., 1570 Adelaide Street Ltd., 1580 Adelaide Street Ltd.,
Sterling Karamar bought them. I know cause we do work with them, they are growing a lot here in London.
I noticed the Sold sign up on the old factory building at 455 Highbury Ave N. on the SW corner of Highbury and Bridges. Looks like the zoning application is to turn it into yet another self storage location.
I wonder what the vacancy rate is for Farhi buildings. A lot of them appear completely empty or nearly so. How can he afford the upkeep without rental income?
__________________
The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. (Bertrand Russell). Sweet Loretta fart thought she was a cleaner, but she was a frying pan. (John Lennon)
I noticed the Sold sign up on the old factory building at 455 Highbury Ave N. on the SW corner of Highbury and Bridges. Looks like the zoning application is to turn it into yet another self storage location.
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