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General Urban Kitchener Updates and Rumours
On page 114, Viewfromthe42 says that the lots are to be sodded, but speculates that the intent might be to use them for parking. Others speculate that some portion of the parking lot may be redeveloped, but who knows when.

Strictly speaking, a condition of the demolition permit is that these two lots be sodded. That should be what happens until some other application is made.
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The OMB has approved the severance of land declared surplus by CN. They intend to sell the land to a metal scrap yard Joseph and Company some Neighbours are not happy about this change.

http://m.therecord.com/news-story/723039...y-cn-lands
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Demolotion-style fencing is up around the former Enterprise lot on King in Kitchener, was something expected to occur here?
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(04-07-2017, 08:06 AM)Viewfromthe42 Wrote: Demolotion-style fencing is up around the former Enterprise lot on King in Kitchener, was something expected to occur here?

http://www.waterlooregionconnected.com/s...hp?tid=131
My Twitter: @KevinLMaps
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(04-07-2017, 08:18 AM)KevinL Wrote:
(04-07-2017, 08:06 AM)Viewfromthe42 Wrote: Demolotion-style fencing is up around the former Enterprise lot on King in Kitchener, was something expected to occur here?

http://www.waterlooregionconnected.com/s...hp?tid=131

You sure about that?  I could be remembering it wrong, but I thought they were different blocks?
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(04-09-2017, 08:24 PM)Spokes Wrote:
(04-07-2017, 08:18 AM)KevinL Wrote: http://www.waterlooregionconnected.com/s...hp?tid=131

You sure about that?  I could be remembering it wrong, but I thought they were different blocks?

The Enterprise location is definitely within the block described in that thread (at the King/Cameron corner, specifically).
My Twitter: @KevinLMaps
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I'm clearly misremembering that. My bad.
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It's within that block, it just doesn't make sense (to me) to be only demolishing one portion.
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New feature signage at 22 Frederick. (It used to be for Sun Life.)

[Image: asflyUW.png]
My Twitter: @KevinLMaps
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The tax sale for 152 Shanley St was unsuccessful receiving only 1 bid $200,000, which was significantly short of the required amount.


http://m.therecord.com/news-story/729412...r-property
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Another win for blanket statement regulations!
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Admittedly $200K does seem like a rather lowball offer.

Not sure why someone would offer that given that everyone should know that the city can't accept it anyway.
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(05-08-2017, 09:10 PM)tomh009 Wrote: Admittedly $200K does seem like a rather lowball offer.

Not sure why someone would offer that given that everyone should know that the city can't accept it anyway.

Utterly ridiculous. So the city can’t take a property that isn’t worth its outstanding taxes? But except for weird cases like dead owners and the like, wouldn’t the owner typically sell or otherwise deal with any property that is worth its taxes? Do we, or do we not, have to pay our taxes? Should I be contaminating the ground under my house until its sale value is $0, then stop paying my taxes?

I wonder what happens if the city expropriates the property. Fair market value is apparently $200,000, less taxes, leaves $0 for the owner. Of course then the city is on the hook for cleanup expenses, but that seems unavoidable at this point anyway.
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It also goes to show you that when there are costs ($1,000,000+ for back taxes, remediation due to soil contamination, heritage impact study for any future planned changes), sometimes you can be too restrictive (limited by heritage concerns in what you can build, density challenges to get any kind of per-unit profit) to get anything done.
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I've probably said this before, but the municipal government needs to proactively upzone it, and deal with the heritage concerns, to increase the value of the lot. Otherwise no one will be able to afford the clean-up.

Given the choice between a deteriorating old building with soil contamination, or a nice new development of townhomes and an eight storey apartment building, the logical choice is the latter.
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