The Olympia Club | ? | 4fl | Complete

[Chronamut]

Originally Posted by yomsen

Wow, there used to be so much neon...

There was, until they passed the law banning neon from downtown to prevent it from turning into hookers seedyville (or looking like it was turning into that).

[Chronamut]

So does anyone know why the building to the right in the proposed renewal drawing was reduced by a whole floor? I am baffled by this - at no place anywhere else in gore park have I ever found evidence of it - it's bizarre- was the top floor ruined somehow and they had to remove it?

[Chronamut]

So I just realized that this restoration is going to involve another sign coming off a building that won't be going back up - sad.

[anactualalien]

Projects like this one are why I'm glad CoreUrban didn't win the pier 8 bid. We need them downtown.

[Dr Awesomesauce]

Ah okay, now I get it - I thought I recognised that (proposed) building. I'd still prefer they worked with what they have ie the ca 1950s building but, yeah, I'm pretty happy with anything CoreUrban has in mind, really.

[Chronamut]

Originally Posted by Dr Awesomesauce

Ah okay, now I get it - I thought I recognised that (proposed) building. I'd still prefer they worked with what they have ie the ca 1950s building but, yeah, I'm pretty happy with anything CoreUrban has in mind, really.

Tbh the design is PRETTY CLOSE to the circa 1950s building - probably as close as you're gonna get in this modern age.

Originally Posted by anactualalien

Projects like this one are why I'm glad CoreUrban didn't win the pier 8 bid. We need them downtown.

Agreed. I am super excited to see how pier 8 pans out though as it's not often you get to build up an entire huge plot of land like that all at once and make all the buildings as a result the same uniform style.

I am also excited to finally be able to walk through this area, as it has been sealed off to the public for so long and was just a sea of pavement and ugly shacks. It will be beautiful when the tall ships come in and it's all developed - great for people who live there too and can watch from their balconies and rooftops.

Also as an artist I am looking forward to maybe showcasing some of my work down there

[thmx]

4/25/2019 by Joe, on Flickr

[Chronamut]

Originally Posted by thomax

4/25/2019 by Joe, on Flickr

Woohoo! tear that facade off!

[movingtohamilton]

Will the thrift store and cash money remain as tenants? I hope not, to be honest.

[ChildishGavino]

Neither do I, but I think if they were going to move out they would have before renovations began.

[King&James]

Core Urban Twitter account pic of project about to start - Salvation Army relocating, Cash Money around for a few more years

https://twitter.com/CoreUrban/status...30129014628352

[Hawrylyshyn]

In the comments on Twitter, CashMoney is apparently staying for a couple years and the thrift store is moving

[ChildishGavino]

Shame about the loan store, but I won't shed a tear about the Salvation Army relocating. The current store is trashy.

[TheRitsman]

Originally Posted by ChildishGavino

Shame about the loan store, but I won't shed a tear about the Salvation Army relocating. The current store is trashy.

I love thrift stores, but I checked this one out and it is GROSS

[movingtohamilton]

Originally Posted by Hawrylyshyn

In the comments on Twitter, CashMoney is apparently staying for a couple years and the thrift store is moving

Both should be gone. The downtown core does not need CashMoney. But I'm not surprised that the building owner hasn't terminated their lease: a tenant with deep pockets means dependable cashflow.

[durandy]

Originally Posted by movingtohamilton

Both should be gone. The downtown core does not need CashMoney. But I'm not surprised that the building owner hasn't terminated their lease: a tenant with deep pockets means dependable cashflow.

what ability would they have to terminate the lease? I mean, they can buy them out but it's like a contract, break it early and you pay liquidated damages.

[movingtohamilton]

Originally Posted by durandy

what ability would they have to terminate the lease? I mean, they can buy them out but it's like a contract, break it early and you pay liquidated damages.

All it ever takes is $.

[King&James]

as long as they are paying rent, I am sure Core Urban will use the income to help fund the reno - still lots of places for them to migrate when their term is up.

[hamilton23]

Originally Posted by King&James

as long as they are paying rent, I am sure Core Urban will use the income to help fund the reno - still lots of places for them to migrate when their term is up.

Makes sense, but I would rather see less Pay Day loan stores like Cash Money in the core and more businesses that serve a wider range of people. These Pay Day stores are all over Downtown... It sucks. If they really wanted to start from scratch, they could've paid them out the remainder of their lease for the space. They probably didn't want to deal with doing that.

[movingtohamilton]

Originally Posted by hamilton23

...If they really wanted to start from scratch, they could've paid them out the remainder of their lease for the space. They probably didn't want to deal with doing that.

^ This. But at least payday loan companies have location restrictions for new stores in Hamilton. I'm concerned that this one will be allowed to relocate in the neighbourhood. As I remember there is a cap of 15 stores in the city, and a separation rule. Existing were grandfathered in (i.e. allowed to stay in place).

Hopefully this one is not deemed to be an "existing but relocating" store.