HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Regional Sections > Canada > Ontario > Hamilton > Downtown & City of Hamilton


Reply

 
Thread Tools Display Modes
     
     
  #1121  
Old Posted Mar 3, 2010, 12:15 PM
SteelTown's Avatar
SteelTown SteelTown is offline
It's Hammer Time
 
Join Date: Mar 2004
Location: Hamilton
Posts: 20,304
Residential construction falls in core

March 03, 2010
Meredith Macleod
The Hamilton Spectator
http://www.thespec.com/News/Local/article/731764

Public sector construction boomed in downtown Hamilton last year but it was a terrible year for boosting the number of people calling the core home.

There were 95 building permits issued in 2009 for the downtown, adding up to more than $108 million in construction. That almost doubled any single-year total since 2001 and lapped the average of $20 million a year.

But on the flip side, just three residential units were built in the core last year. That's a sharp drop from previous years and far off the average of 96 a year.

The city has cancelled more than $12 million in loans for residential development in Hamilton's downtown this year.

Of 10 projects approved for loans in 2007, eight have now been cancelled. Another six approved in 2003 and 2006 have been terminated.

Beginning in 2007, the city's loan program began to require construction to begin within two years so that funding is not tied up in projects not moving forward.

The cancelled loans include $1.7 million approved for the redevelopment of the now demolished Century Theatre into 97 residential units, $3.4 million for the former Royal Connaught property and $1.8 million to build a long-term stay hotel on Main Street West.

Ron Marini, the city's director of downtown renewal, says a lot of the recent residential slowdown is due to the recession and he's confident the numbers will start to climb.

There were no applications for the city's downtown residential loan program last year but there is already one filed this year. That's for a seven-storey condo and mixed-use building on James Street North beside Acclamation Bar and Grill.

More than 90 per cent of the city's downtown construction last year comes from five taxpayer-paid projects: City Hall, Lister Block, farmers' market and central library, the new transit terminal on MacNab Street and a new elementary school and community centre.

Councillor Chad Collins said at yesterday's economic development and planning committee meeting that he thinks attracting a grocery store to the downtown would go a long way to bringing in more residents.

Marini said it has been a priority for city staff but grocery chains generally make location decisions based on disposable income. "From a numbers point of view, we have a challenge with income levels."

He said the city tried to convince the owners of the Connaught property to consider a grocery express store, without success.

Councillor Brian McHattie said the city should directly market itself to every college and university in Ontario to attract a downtown campus.

Marini said his department is in "discussion with an institute of higher learning." He declined to say more in the public session.

Since its inception, the downtown residential loan program has helped to fund 747 units worth close to $85 million.

The program has delivered $33 worth of construction for every city dollar spent, Marini said. That ratio includes the program's only default: a $1.1-million loss when a condo development on King William Street went bankrupt.

That property, the former Spectator press building, has since been bought and is expected to be completed within the year.
Reply With Quote
     
     
  #1122  
Old Posted Mar 3, 2010, 1:41 PM
coalminecanary coalminecanary is offline
Registered User
 
Join Date: Jun 2007
Posts: 1,421
got news for them.. small scale residential units are being put in, but nobody tells the city because applying for a building permit turns an easy little project into a logistical and financial nightmare.
__________________
no clever signoff.
Reply With Quote
     
     
  #1123  
Old Posted Mar 3, 2010, 1:42 PM
coalminecanary coalminecanary is offline
Registered User
 
Join Date: Jun 2007
Posts: 1,421
Quote:
Originally Posted by realcity View Post
City Hall - public $
Lister - public $
Central Library - half public $
Bus Terminal - public $
Public School - public $
Community Center - public $
I was thinking the exact same thing.... sad
__________________
no clever signoff.
Reply With Quote
     
     
  #1124  
Old Posted Mar 3, 2010, 1:43 PM
coalminecanary coalminecanary is offline
Registered User
 
Join Date: Jun 2007
Posts: 1,421
Quote:
Originally Posted by realcity View Post
Thank goodness for Money Marts and variety stores. Downtown Renewal says nothing about the quality of the tenants
Interesting thought, but wrong
__________________
no clever signoff.
Reply With Quote
     
     
  #1125  
Old Posted Mar 3, 2010, 2:39 PM
drpgq drpgq is offline
Registered User
 
Join Date: Dec 2007
Location: Hamilton/Dresden
Posts: 1,859
Quote:
Originally Posted by SteelTown View Post
No, it's the Thrift Store, 4 floors. Next to the bingo building.
Thanks. I wonder what happened there?
Reply With Quote
     
     
  #1126  
Old Posted Mar 3, 2010, 3:05 PM
oldcoote's Avatar
oldcoote oldcoote is offline
Registered User
 
Join Date: Jan 2008
Posts: 627
Quote:
Originally Posted by coalminecanary View Post
got news for them.. small scale residential units are being put in, but nobody tells the city because applying for a building permit turns an easy little project into a logistical and financial nightmare.
not to mention, a huge increase in property taxes
__________________
There are no great cities in the world that are easy to drive through.
Reply With Quote
     
     
  #1127  
Old Posted Mar 3, 2010, 5:04 PM
realcity's Avatar
realcity realcity is offline
Bruatalism gets no respec
 
Join Date: Jun 2003
Location: Williamsville NY
Posts: 4,059
Quote:
Originally Posted by realcity View Post
Can we get the 3.8$ mil back for the Connaught project?
Now we know. We're getting it back. $3.4, but thats good enough
__________________
Height restrictions and Set-backs are for Nimbys and the suburbs.
Reply With Quote
     
     
  #1128  
Old Posted Mar 4, 2010, 2:23 AM
SteelTown's Avatar
SteelTown SteelTown is offline
It's Hammer Time
 
Join Date: Mar 2004
Location: Hamilton
Posts: 20,304
Quote:
Originally Posted by coalminecanary View Post
I was thinking the exact same thing.... sad
All which is important and necessary to upgrade. With this economy you couldn't pick a better time to use public funds to do construction/renovation. Low interest rates and excess amount of skill trade workers looking for work, which means lower bids compared to previous years.
Reply With Quote
     
     
  #1129  
Old Posted Mar 9, 2010, 3:24 PM
thistleclub thistleclub is offline
Registered User
 
Join Date: Mar 2008
Posts: 3,729
Quote:
Originally Posted by SteelTown View Post
A total of 95 building permits, representing over $108 million in construction, were issued within the Downtown Hamilton CIPA in 2009.

This finding is the result of significant public sector investment in the Downtown, with over 90% of the construction value attributed to five projects, including the renovations to City Hall; redevelopment of the historic Lister Block; renovation of the Hamilton Farmers’ Market and Central Library; the construction of the new transit terminal at MacNab Street between King Street and Main Street; and the new Dr. J. Edgar Davey Public School and community centre at Wilson Street and Ferguson Avenue.
Quote:
Originally Posted by realcity View Post
City Hall - public $
Lister - public $
Central Library - half public $
Bus Terminal - public $
Public School - public $
Community Center - public $

we need private investment then I'll get excited.
Take the five big-ticket public projects out of 2009's Downtown Hamilton CIPA sample and you're down to around $11 million spread across 90 projects -- $11 million out of the city's nearly $700 million in permits from 2009. The good news is there's room for improvement.
__________________
"Where architectural imagination is absent, the case is hopeless." - Louis Sullivan
Reply With Quote
     
     
  #1130  
Old Posted Mar 16, 2010, 4:52 AM
Dmajackson's Avatar
Dmajackson Dmajackson is offline
Moderator
 
Join Date: Feb 2008
Location: B3K Halifax, NS
Posts: 9,839
Hey,

The Tallest U/C In Your City thread has been reactivated recently and in hopes of updating the list I am going from city thread to city thread to see if the tallest under construction has changed recently.

I currently have the Juravinski Hospital and Cancer Centre listed as the tallest in Hamilton. If this is completed or something taller is underway just message me or post it here and I'll add it to the list.



-DJ
Reply With Quote
     
     
  #1131  
Old Posted Mar 16, 2010, 1:18 PM
SteelTown's Avatar
SteelTown SteelTown is offline
It's Hammer Time
 
Join Date: Mar 2004
Location: Hamilton
Posts: 20,304
Hmmm I dunno, I think the tallest under constuction would be that residential unit at the Central Mountain area at Stone Church. Think it's 8 storey. The hospital is probably 4 storey?
Reply With Quote
     
     
  #1132  
Old Posted Mar 16, 2010, 2:49 PM
Dmajackson's Avatar
Dmajackson Dmajackson is offline
Moderator
 
Join Date: Feb 2008
Location: B3K Halifax, NS
Posts: 9,839
Quote:
Originally Posted by SteelTown View Post
Hmmm I dunno, I think the tallest under constuction would be that residential unit at the Central Mountain area at Stone Church. Think it's 8 storey. The hospital is probably 4 storey?
I have the hospital listed as 5 storeys on my list right now. I'll put in the other one though and call it Stone Church.

That puts Hamilton in 34th place right now.
Reply With Quote
     
     
  #1133  
Old Posted Mar 16, 2010, 2:53 PM
SteelTown's Avatar
SteelTown SteelTown is offline
It's Hammer Time
 
Join Date: Mar 2004
Location: Hamilton
Posts: 20,304
480 Stone Church Rd | 8 fl | ? | Under Construction
http://forum.skyscraperpage.com/showthread.php?t=176043
Reply With Quote
     
     
  #1134  
Old Posted Mar 17, 2010, 1:47 AM
palace1 palace1 is offline
Registered User
 
Join Date: May 2008
Posts: 221
Skydragon Centre / Reardon's

Does anyone have more information on the mortgage at Skydragon Centre being in danger of being pulled?

http://savethedragon.blogspot.com/

The James Street North blog, http://www.jamesstreetnorth.ca/blog/?p=829, is also reporting Reardon's lease not being renewed (and I have heard that they have already decided to move) and the parking lot on the south side of King William St. (formerly Zeller's/Grafton's) has been sold?

It also mentions the Downtown Arts Centre (formerly Salvation Army Citadel) on Rebecca has been sold?

LIUNA and the Lister restoration are the likely cause...
Reply With Quote
     
     
  #1135  
Old Posted Mar 17, 2010, 3:38 AM
matt602's Avatar
matt602 matt602 is offline
Hammer'd
 
Join Date: Jan 2006
Location: Hamilton, ON
Posts: 4,800
I really hope that none of those are true. If that entire block is left to LIUNA, I don't even want to know what they'd do with it.
__________________
"Above all, Hamilton must learn to think like a city, not a suburban hybrid where residents drive everywhere. What makes Hamilton interesting is the fact it's a city. The sprawl that surrounds it, which can be found all over North America, is running out of time."
Reply With Quote
     
     
  #1136  
Old Posted Mar 17, 2010, 11:25 AM
SteelTown's Avatar
SteelTown SteelTown is offline
It's Hammer Time
 
Join Date: Mar 2004
Location: Hamilton
Posts: 20,304
Sky Dragon loses financing

March 17, 2010
Carmela Fragomeni
The Hamilton Spectator
http://www.thespec.com/News/Local/article/738785

The Sky Dragon Centre downtown is struggling to survive after learning its mortgage won't be renewed.

The mortgage decision has compounded an already shaky financial existence at the centre -- a worker co-operative supporting nonprofit businesses and groups promoting environmental and economical sustainability, fair trade and social justice.

Centre director Kevin MacKay alerted supporters on the weekend that, despite never missing a payment, the Teachers Credit Union won't renew Sky Dragon's first mortgage of $187,000 on its downtown building at 27 King William St.

"We haven't been meeting our debt-to-income ratio, which was part of our deal," MacKay told The Spectator. The ratio is $1.25 in income for every $1 in debt, he said.

The Centre hasn't met the ratio since taking out the mortgage in 2006, so MacKay and Sky Dragon users are perplexed at the credit union's actions now.

Credit union officials declined to comment. "This remains a private matter between us and Sky Dragon," said Tom Wilson, director of commercial services.

MacKay notes the credit union was the only institution willing to loan the co-op a mortgage, adding "while we're unhappy with the financing being pulled, we've also got to give them credit for taking a chance on us in the beginning and helping us get started."

It's now time for the community to step in if it wants to keep Sky Dragon going, he said. A meeting on Sunday attracted 75 supporters and a larger public meeting is planned. Sky Dragon has until April 18 to refinance and is considering new strategies, including fundraising, to wipe out $270,000 in debt, a total that includes the mortgage, a $25,000 line of credit and other debts.

A second mortgage of $133,000 from a private lender is unaffected.

Laurel Harrison of the Hamilton Area Eco-Network said Sky Dragon is more than just a co-op -- it's a gathering and welcoming place for those interested in improving the city. The centre is "trying to keep the heart of Hamilton alive. ... It is interested in civic engagement and the life of the community."

Sky Dragon is helping revive a rundown area with "a vibrant place to become engaged in peace, environmental action and civic engagement," she said. If it closes, "it's another nail in the coffin in the decay of the city. ... We lose a place that worked so hard to bring some life in the city in an area badly in need of it."

Sky Dragon is used as a community centre, renting space to groups and offering social and environmental workshops, films and speakers. It hosts an organic farmers' market every Saturday and sells fair trade coffee from its roaster. Its Bread and Roses Cafe is an eatery using local produce and foods.

Community activist Maggie Hughes said Sky Dragon acts as the heart of the city's creative-minded people and is full of artists and musicians. "Losing it rips the creative soul out of the heart of Hamilton," she said.
Reply With Quote
     
     
  #1137  
Old Posted Mar 17, 2010, 1:08 PM
SteelTown's Avatar
SteelTown SteelTown is offline
It's Hammer Time
 
Join Date: Mar 2004
Location: Hamilton
Posts: 20,304
Quote:
Originally Posted by palace1 View Post
the parking lot on the south side of King William St. (formerly Zeller's/Grafton's) has been sold?
The lot is/(was?) owned by Silvestri investments, they built Cityview Terrace. Ever since part of a wall collapsed they wanted to sell the lot. I guess they finally got a good offer.
Reply With Quote
     
     
  #1138  
Old Posted Mar 17, 2010, 1:16 PM
realcity's Avatar
realcity realcity is offline
Bruatalism gets no respec
 
Join Date: Jun 2003
Location: Williamsville NY
Posts: 4,059
Has to with Lister I bet. Maybe something will finally be built. Or it's a parking lot for the city workers moving in?
__________________
Height restrictions and Set-backs are for Nimbys and the suburbs.
Reply With Quote
     
     
  #1139  
Old Posted Mar 19, 2010, 3:46 AM
markbarbera markbarbera is offline
Registered User
 
Join Date: May 2007
Location: Hamilton
Posts: 3,050
Hart department store has reopened in City Centre.
Reply With Quote
     
     
  #1140  
Old Posted May 1, 2010, 11:24 PM
SteelTown's Avatar
SteelTown SteelTown is offline
It's Hammer Time
 
Join Date: Mar 2004
Location: Hamilton
Posts: 20,304
Reardon's: A cut above
Fourth generation joins the business

May 01, 2010
Mary K. Nolan
The Hamilton Spectator
http://www.thespec.com/News/Business/article/761548

To commerce gurus who insist that family businesses do not survive a third generation, Paul Reardon has this to say: "Meet my daughter."

When 25-year-old Katie Reardon starts work today at her parents' King William Street shop, she becomes the fourth generation of Reardons in the family butchery.

It's a remarkable development, considering the business almost didn't make it past the founding brothers, Fred and Bert.

Immigrants from County Cork, Ireland, the boys opened Reardon Bros. Butchers at the Hamilton Farmers' Market in 1912.

When the market burned down five years later, they relocated in a shop at York and Bay streets and carried on.

Fred was about as keen to have his son, Jack, working for him as Jack was ... that is, not at all.

"My dad didn't want to take over from my grandfather," says Paul. "He wanted to be an accountant."

But when Jack was overseas during the Second World War, his father died of a heart attack.

"When he came home, his mother told him he was taking over the business and those were the days when people listened to their mothers," says Paul.

So Jack dutifully donned the butcher's apron and joined his uncle Bert behind the counter.

There was another move -- to York and MacNab in 1930 -- where Reardon's continued to build its reputation for quality meats and butchering.

On Bert's death in the early 1950s, Jack changed the name of the enterprise to Reardon's Meat Market, which was uprooted yet again by the construction of Jackson Square.

So Jack cast his eye a littler further east and reopened on King William Street at Hughson in 1970.

And then history repeated itself. When Jack was 68, he announced at dinner one night that he was retiring and, as none of his four boys was interested in the butcher trade, would be closing the shop.

That's when his eldest son, Paul -- visiting from Toronto where he was a well-established restaurateur -- surprised him with an offer to take over.

By the time Paul started in 1984, the Right House had already closed. Then Mills' China, the Chicken Roost, Zellers, Robinson's ... there was a bus strike, a steelworkers' strike ... "It was brutal. I was asking myself, 'What the hell did I do?'"

But the resourceful Paul, who'd already set up a popular sausage cart outside the store, responded by selling sandwiches.

(His own favourite is bologna on white bread with zucchini relish.)

He started with three stools, graduated to tables a few years later and, eventually, expanded into the back half of a neighbouring store to accommodate the booming lunch trade.

The deli proved to be Reardon's salvation and has been so successful that it now comprises half the business. It's run by Paul's wife, Karen, who makes most of the dishes herself for small weddings, showers, meetings, receptions and other special events.

"Until about two years ago, I was like my dad," says the affable Paul. "I never talked to my kids about taking over the business, never pressured them. I never really thought about the long term. I was too busy thinking about surviving today."

So it was a complete surprise when young Katie announced she'd like to come aboard.

"I told her there might not be much future for a place like this, but she wanted to take a stab at it," says Paul.

At his insistence, she completed the chef's course at George Brown College and will be learning the butcher biz from her dad while managing the deli with her mother.

"We'll just keep doing it the way we do it and see how it goes," says Paul. "Then we'll talk new ideas."

In the meantime, another move for Reardon's seems inevitable. The lease is up on the cosy but tired premises Reardon's has occupied for 40 years, but Paul promises he's staying downtown.

"We're down here, we've always been down here and this is where we're going to stay."
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Regional Sections > Canada > Ontario > Hamilton > Downtown & City of Hamilton
Forum Jump



Forum Jump


All times are GMT. The time now is 5:51 AM.

     
SkyscraperPage.com - Privacy Statement - Top

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2026, vBulletin Solutions, Inc.