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Originally Posted by zahav
The vacant lots (aka parking lots) that bug me more than anything are the ones hehind H Mart and the one beside The Penthouse. How both of those still parking lots?! They certainly should have been developed long ago
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I assumed the parking lot next to the Penthouse was owned by a developer hoping to one day incorporate the Penthouse into the site to make it big enough to develop a tower. Maybe one day they'll give up that idea and develop something on the site they have. The parking covers theit taxes in the meantime.
The two sites by H-Mart (the building is called L'Aria) across the lane on Richards and to the south on Seymour are, I think, both owned by the same Hong Kong developer who built a West End rental 50 years ago. The land value has accumulated massively over the decades they've owned it, and here too the income from the parking no doubt more than covers the taxes, so they don't have to be in a hurry to build anything. The good news is that there was a test drilling rig on site last week, so maybe something will finally come forward there.
That leaves the undeveloped, and not even a temporary community garden site on Robson Street that's stood empty for decades.