Quote:
Originally Posted by Drybrain
From the media source that shall not be named?
GREAT news, as long as he plans to abide by the heritage regulations. But I can't imagine someone buying it without that intention, unless his goal is to make his life very difficult.
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Yep. The article was pretty vague, but there was a quote about wanting the street to do well, etc., and the same family (Ghosn) are developing the Discovery Centre tower, so it seems likely to me that they see the value in restoring the Green Lantern to create something that complements the property next door. I don't think they would be permitted to go much higher on that site anyway, heritage status aside.
Starfish also seems to get how Barrington Street could work, and puts effort into both new construction and restoration of the character buildings that are most of the reason why the street's interesting in the first place. I think they realize that they stand to gain from improving the overall state of the street rather than focusing on one-off redevelopments.
The Tramway Building is yet another case where there is an older landlord with a seemingly smaller scale operation.