Gore Park buildings likely to receive heritage status, councillor says
Heritage designation means developer can apply for city's property heritage grants
http://www.cbc.ca/hamilton/news/stor...ng-status.html
The historic buildings on the south edge of Gore Park will likely be designated as heritage buildings so that they can qualify for the city's heritage property grants and be restored by their property developer, a local councillor says.
According to Councillor Brian McHattie of Ward 1, "there is a good chance" that city staff will assign the heritage status to all or parts of the five buildings on King Street E. under the Ontario Heritage Act, so that Wilson-Blanchard, the property management company that owns the buildings, can take advantage of the city's heritage property grant program and community heritage fund.
The Hamilton Heritage Property Grant Program supports the restoration of heritage features of properties, while the Hamilton Community Heritage Fund provides up to $50,000 in interest-free loans for similar purposes.
“Over the years it's been difficult to get people to invest in downtown Hamilton,” he said, adding that the grants are a common ground for those who want to see the corner of King Street E. and St. James Street redeveloped and those who would like to preserve the century-old buildings.
“This really is a compromised solution.”
The heritage designations are expected to come “fairly quickly” in the next few months, McHattie said, but there is no word on the specifics of the restoration plan.
The turn of events came a weekend after heavy machinery was moved to the site Friday morning. Demolition planned for Saturday was abruptly called off after a last-minute meeting between councillors, city officials and Wilson Blanchard Friday afternoon. The parties have verbally agreed to halt any demolition to allow a peer review of the developer's engineering report and more time for public input.