The owner of the
Flat Iron Building above remains interested in purchasing and renovating the adjacent
Subway Block.
This is the good news. The bad news is that the city's heritage board is causing the developer considerable grief in their demands to maintain the buildings historical character.
Apparently the Subway Block is in horrible shape (huge holes in the floor, rotting woodwork, unstable brickwork). Major renovations are necessary in order to make the building safe, let alone fit for leasing. The heritage board is being obstructive.
The principle issue for the board is apparently the facade. As you know, there are several alcoves (recessed entries) along the front of the building. In order to make the front of the building safe (while retaining a semblance of historical accuracy), these alcoves will have to go in favour of a single non recessed entrance. The heritage board is taking considerable umbrage to this.
If the choice is between a developer who wants to preserve as much of the character of the building as possible while at the same time making the building safe, and, a completely intransigent heritage board, well, I guess you can tell what my own personal choice would be.
The choice should really be between strategic preservation versus demolition. Given the heritage boards intransigence, it would appear as if we are heading towards demolition and yet another hole along Main Street in downtown Moncton.