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General Urban Kitchener Updates and Rumours
It's like they got a massive influx of funds and want to spend it while they have a chance haha
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The Corner Pub at Charles and Ottawa has been torn down. It's neighbour has its windows ripped out and demo fencing around it.  Is this development related, ir Ottawa Street widening?
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Ottawa widening at this point
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Darn
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I image that the work will open up a site for potential development once Ottawa has been widened.  Is the old bank building at the corner of King supposed to come down as well?
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It's got the upper level windows out already, so I'm guessing so.
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(09-13-2018, 05:22 PM)panamaniac Wrote: I image that the work will open up a site for potential development once Ottawa has been widened.  Is the old bank building at the corner of King supposed to come down as well?

Yes. The Region bought all three properties in this block for widening Ottawa Street.
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A picture of that building in 1972
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So, over/under on when something gets built on that spot again?

10 years?
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(09-13-2018, 09:05 PM)Markster Wrote: So, over/under on when something gets built on that spot again?

10 years?

Before the LRT, I'd say 20. Now I'd tend towards five.
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(09-13-2018, 06:27 PM)BrianT Wrote:
(09-13-2018, 05:22 PM)panamaniac Wrote: I image that the work will open up a site for potential development once Ottawa has been widened.  Is the old bank building at the corner of King supposed to come down as well?

Yes. The Region bought all three properties in this block for widening Ottawa Street.

When the Region buys properties like that, do they eventually relist them for development?

Weber and Victoria would fall into a similar category.
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(09-13-2018, 09:05 PM)Markster Wrote: So, over/under on when something gets built on that spot again?

10 years?

Over
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(09-13-2018, 09:40 PM)tomh009 Wrote:
(09-13-2018, 09:05 PM)Markster Wrote: So, over/under on when something gets built on that spot again?

10 years?

Before the LRT, I'd say 20. Now I'd tend towards five.

I think 10 years is realistic - its a great location, but there is a lot of space closer to the ion station that could be developed first.
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(09-13-2018, 09:05 PM)Markster Wrote: So, over/under on when something gets built on that spot again?

10 years?

Under. Hopefully the planned projects between Cedar and Pandora will be the catalyst to drive development eastward. A Belmont Village type atmosphere between Stirling and Ottawa with mid rise residential and a good mix of commercial/storefronts would be a great start. And they have a cemetery to use as a park like the residents of Mount Hope.
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(09-13-2018, 10:34 PM)Spokes Wrote:
(09-13-2018, 06:27 PM)BrianT Wrote: Yes. The Region bought all three properties in this block for widening Ottawa Street.

When the Region buys properties like that, do they eventually relist them for development?

Weber and Victoria would fall into a similar category.

Eventually they will sell them as surplus properties and if possible, at appraised market value.
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