[Dr Awesomesauce]

Here's a familiar story:

One obstacle is the availability of low-cost downtown office space, Norton said.

“We're competing with a downtown office vacancy rate of 12.8 per cent right now,” he said. “The rent on this is not going to be as cheap as someone can get in an office tower right now. Once that high vacancy rate goes away, this looks more attractive.”

Another challenge is parking. Before the Mills can be fully developed, there needs to be parking for about 100 cars, Norton said.

There is no deadline, Norton said. The developer — and those interested in economic development in the city — will keep looking.

“I'm always hopeful,” he said.

http://www.cbc.ca/hamilton/news/stor...ing-mills.html