Quote:
Originally Posted by Pete Crawford
Does anyone think there's much hope of the shipbuilding contract creating enough demand to prompt this development anytime soon?
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This development... I don't know its status.
If not this development, then another--yes.
The HRM was economically healthy before the shipbuilding contract. The developments that been occuring downtown are proof as to our renewed focus on the downtown, but it is
nothing compared to the economic ball game we're playin' now!
Given the long-term (20+ years) nature of the shipbuilding contract, the sheer financial
confidence will certainly move many developers to put a shovel into the ground.
From people I've conversed with, from the material I've read in the paper and online, and from what I've listened to on the radio--I've gathered that the vast majority of people in HRM are all but certain that the downtown will completely fill in within a decade. Simply put: there is going to be so much money flowing, and so many opportunities, it would require
major obstruction from council to hinder the success of the downtown.