02-03-2015, 04:13 PM
(02-03-2015, 03:41 PM)nms Wrote: Looks interesting. I note that the "Conestoga Expressway is minutes away" is a feature, while the future LRT isn't mentioned at all.
I'd guess that transit is still a "dirty term" for many businesses. As an example, Waterloo Region is paying a quarter of a billion for this line, but nothing for a new highway 7; the former notably impacts taxes and thus rents relative to any other Ontario location, the latter does not. We also don't yet have, internal or external to the city, a reputation as a transit city. Aside from some mumblings around our tech areas, no "clamour" for high quality transit as a precursor to employment exists. But the ability to bring in employees by car (especially from out of town) is still key.