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Originally Posted by tjernobyl
I expect condos being built there, but can't remember where I heard that.
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I can't see this happening in the near future though. The condo market has got to be satisfied locally now with three larger projects on-going (Waterfront, Terra-Vista and The Club). The Club, by the way, in is receivership from what I hear, but there appears to be a lot of confidence in the community that the job will get done at some point. I am assuming the 6 storey proposed on top of the former Cumberland Cinema will also be condos. The T-Bay market can't support condos on a per capita basis like T.O. or Vancouver. The local population won't pay the fees on top of the cost of a new unit. We have seen some demographic change in T-Bay that better supports condos, but not enough yet to get us to the next level. This, and single detached homes are still quite affordable, despite recent upswings in property values.
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Originally Posted by tjernobyl
World Dance Centre has moved from the Centre of Change to the former Colosimos building. The remainder of the space is to become a yoga studio.
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There was to be a third unit on the main floor... is that no longer the plan? Work is still underway on the second floor, I suppose for residential rental units. Lakehead Public School's maintenance and wood-working shop also moved out of the Centre of Change (due to the nature of the work they do and probably issues with zoning) to a vacant location on Shipyard Rd.
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Originally Posted by tjernobyl
The federal program the City is looking at for the Multiplex caps out at $100 million, so they are looking at ways to bring costs down. The Concerned Taxpayers had their second public meeting last night. There was a lot of shouting.
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The city won't be happy if they cheap out on this. By city, I mean residents and the municipal gov't. Perhaps a way around it would be two phase construction, or to break the project in two and apply twice. I can't see two funding grants being approved for a project on the same piece of land, but I suppose there is always an outside chance. Better than nothing. Vid has a point with wood construction too, it could potentially save millions over steel and concrete. I just worry contractors inexperienced in a project of this scale using mainly wood would bid the project higher because of uncertainty and the cost of taking the learning curve. The Concerned Taxpayers seem to have maxed out at 100 members now. The city clerk has stated getting a plebiscite on the next ballot will be difficult given the amount of time remaining before the next municipal election. We will know Monday evening if one will happen, regardless of whether a decision is made or if council defers the matter. I think council will be easy to read on this one.
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Haven't seen it mentioned yet, but media reports have been suggesting a major infrastructure announcement related to the Ring of Fire will be made Apr. 17, in advance of the upcoming provincial budget. An engineering firm with a local office has been working on preliminary design work for a while now. While Cliffs has stopped work, Nor-Ont Resources and KWG remain committed, as well as other mining firms who are not as close to development as the above two firms.
While on mining, major work has commenced on the New Gold property in Rainy River. Development of this mine has meant realignment of Hwy 71 away from the mine site. This deposit will be developed, and a mine will be operating in the near future on the site. Several hundred jobs will result for the Rainy River/Front Frances area.
Another mining company is also moving into a recently vacated building on Russell St. Renovations are happening first though, inside and out.
MGM Electric was acquired by Sonepar Canada, out of southern Ontario. Sounds like they may keep the MGM brand. Sonepar also owns Gescan, who has a local location. Not sure if they will try to combine operations for efficiency yet or not.
Nadin's expansion of the wildly popular Maplewood subdivision has been approved. I think there will be fourty-some new lots. City admin. recommended it not be approved, but council still voted to allow it to move forwards.