Quote:
Originally Posted by CoryB
These really just scratch the surface. The issues over which tenants will be allowed in the tower are going to heavily restrict its possible uses. With all those restrictions it will likely be very difficult to find an approved buyer. The best bet is for the City to look into exiting the leases it holds elsewhere, such as Fort Garry Place, and relocating those offices to the WPS Tower. At least then the City maintains some level of control over the tenants in the tower.
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Why does this never get brought up? The city leases so much space for administrative functions in buildings owned by private operators (Confed Building, Bank of Hamilton, Fort Garry Place, crap Shindico strip mall on Pembina), yet somehow moving those functions into Canada Post and subleasing that space out never comes up. Are the terms of those leases that onerous?