05-15-2018, 09:13 AM
(05-15-2018, 08:53 AM)Viewfromthe42 Wrote: That's pretty aggressive, demanding that the site continue seniors' programs until at least 2021. Does that mean that the purchaser has to be able to hold onto the lands for at least three years before doing anything? Or has to construct temporary seniors' program facilities if they want to move on this sooner? Yet again, a bunch of clauses that absolutely hold this property for only the most well-heeled developers.
All they have to do is avoid completing the project until 2021. Given that it’s already mid-2018, this shouldn’t be too much trouble. The real question is why they aren’t maintaining the location permanently — the Rec Centre is a terrible location for people who are more likely to be unable to drive (great for people in the retirement residence there, but not for the rest of the city).