Posted Nov 9, 2015, 12:51 AM
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Join Date: May 2012
Location: Toronto
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Hamilton Community News: New Tammy's Place owner plans to continue Dundas condo project
Work on King West development won't start for at least six months
By Craig Campbell | November 6, 2015
New owners of the former Tammy’s Place restaurant on King Street West in central Dundas plan to move ahead with approved condominium development plans late next year.
Gino Luce, who bought 336-338 King St. W. with business partner Maurizio Testa on October 20 for $725,000, said the empty restaurant building will be demolished in about six months.
Luce said last week the project will follow the current zoning, which permits a four story building with 13 residential and two commercial units, plus 18 parking spaces.
Luce and Testa operate Ashley Custom Homes, which has operated from a Downtown Dundas location – just down the street from the Tammy’s property – for approximately two years.
“In six months, maybe, we’re going to have more information,” Luce said.
The purchase price was $174,900 less than the original list price of $899,900 when the property went on the market 13 months ago.
Previous owner Scott Oldham had just finalized a rezoning of the property a year ago by settling an Ontario Municipal Board appeal with a neighbor of the site.
“I’ve accomplished what I set out to do, and that is rezone the property. It is in place now,” Oldham said, last fall. “Now I have something I can market.”
City of Hamilton planning manager Edward John said a site plan application is still required for the planned development.
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