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Originally Posted by osirisboy
Ok so it's zoned commercial. Still doesn't explain why it hasn't been developed. Like at all! It's empty lots and parking. There's not that many jobs in this area, currently
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the connectivity to transit isn't the best since you walk through a bus depot, and across an asphalt bridge over a ditch and into the road and through an area with no sidewalks. then it is directly under the flight path. then there are still businesses fully operating there and presumably happy. there was a concrete plant there until just a few years ago still. so it was always no commercial. but
heavy industry. concrete plant/railway/Canada-Line OMC. the street grid is a little funky there as well. plus there are still ditches even. as a developer you dont want you land nice but the lot next door being some dumpy warehouse with a ditch and no sidewalks.
then there is the unknowns such as the entertainment district of Duck Island. but it is slowly changing and with the hotels moving in, that is a bonus. and the ITC development.
realistically, the location under a flight path is probably the main reason, though.