Bus-station shift gets mixed reviews
http://www.ottawacitizen.com/busines...837/story.html
Relocation to VIA terminal pitched by O’Brien
BY GLEN MCGREGOR, THE OTTAWA CITIZENMARCH 23, 2010 12:02 AM
OTTAWA — Mayor Larry O’Brien’s proposal to move the Ottawa bus station to the VIA Rail terminal in the east end of the city could leave a Vancouver property developer holding a valuable slice of downtown real estate.
The mayor last week wrote to VIA president and CEO Marc Laliberté to ask him to consider allowing Greyhound Canada to relocate its intercity bus service to the train station on Tremblay Road.
O’Brien said a transportation hub combining train, buses and the city’s proposed light-rail transit would be good for all parties and would benefit Ottawa residents and visitors.
Greyhound Canada, which leases space at the bus station, says it has been working with O’Brien on the plan and likes the possibility of an “inter-modal facility” that lets passengers travel by train and bus on the same trip.
“It’s certainly something we are on board with and would strongly support,” spokeswoman Maureen Richmond said from Greyhound’s office in Cincinnati, Ohio.
However, other area politicians are uncertain about taking the station out of the downtown core when the city’s transportation plan is still a work in progress and question what would become of the current bus station, which covers a city block.
Until 2007, the Catherine Street property was held through a numbered company controlled by CSL Equity, the investment arm of the international shipping empire owned by former prime minister Paul Martin’s family.
Martin’s company purchased Voyageur Colonial Bus Lines and the Ottawa station in 1981, but unloaded the bus service in the mid-1990s as his federal political career ascended. CSL Equity, however, retained ownership of the terminal and leased it out.
In 2007, CSL’s numbered company sold the Ottawa property for $8.5 million to Crerar Silverside Corporation, a company run by Vancouver developer Stewart Robertson, according to land transfer records. At the same time, Crerar registered a $7.3-million loan from a British-based investment firm, Middlemarch Partners Limited. Another $400,000 was loaned through B.C.’s Canadian Western Trust Company.
The exact value of the property today is unknown. However, with residential property values continuing to climb, it could be worth more as a real-estate development than as a bus station.
Crerar does not appear to have any role in running the station. It is staffed and managed by Station Centrale, a Quebec firm that also runs Montreal’s bus terminal. A spokesman for that company said it had had no contact with O’Brien to discuss a plan to relocate.
Ottawa mayoralty candidate Jim Watson said the plan to move the station didn’t make a lot of sense, particularly as the city was yet to lay a single kilometre of track for its light-rail project. “Most Canadian cities have the bus depot downtown, not the suburbs. Before you start musing about moving the bus depot, you have to get your own act together with respect to the transportation plan.”
Watson likened the plan to the controversial decision to move Ottawa’s train station to the east end location from downtown in the 1960s.
Ottawa Centre MP Paul Dewar said he’d like to hear more about the rationale for the plan before the bus station was moved out of his riding.
If it is relocated, however, Dewar says the city should consider redeveloping the Catherine Street site as mixed housing. “A solid stock of affordable housing, where you have rent geared to income housing, along with private housing … that’s what we need all over the city.”
In response to O’Brien’s letter, a VIA spokesman said the corporation welcomed any initiatives that could improve service. He said the twinning of bus and rail in inter-modal facilities had worked well in Vancouver and Quebec City.
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