Quote:
Originally Posted by emge
Exactly. Do I know what will happen or when? No.
Do I think the steel industry will eventually move out of Hamilton... sure, eventually.
Although in the shorter-term it's terrible for those who directly rely on it, it is a lot of land used to employ a relatively small amount of people, however many there are/were/will be.
If we have skilled tech jobs, etc. in a skyscraper or two downtown employs the same amount of people and makes better use of a smaller piece of land... And the surrounding land can be used for other purposes. Imagine actually talking about skyscrapers on this forum.
Short-term it's no fun for anyone. It changes a lot about the city. But in the long-term, it may prove the greater asset.
Worst-case scenario, of course, would be to see the steel mills gone and no one who wants to touch the brownfields. Being waterfront though, it would happen eventually.
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They need to cooperatively introduce other forms of manufacturing that use transferable skills (like building things involved in green technologies - car engines, turbines or whatever) as they phase out the steel industry in Hamilton. That way there are jobs for those that lose their jobs with the steel companies.