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Vacant Land beside 181 King St S / Circa 1877 - Printable Version

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Vacant Land beside 181 King St S / Circa 1877 - mali - 12-07-2024

Hello

Does anyone know about this land (image below)? There was demolition during last year, and then it's been sitting there fenced off.

First image is before. Second image is after demo. Any news?

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[Image: 22.jpg]

RE: Vacant Land beside 181 King St S / Circa 1877 - rickhd - 12-18-2024

https://www.waterloochronicle.ca/news/what-s-going-on-here-185-king-st-s-in-waterloo/article_91ed652a-bc82-51aa-8b19-6bd3b3ac0d2f.html

RE: Vacant Land beside 181 King St S / Circa 1877 - ac3r - 12-18-2024

Perimeter Developments originally proposed a 7 floor office tower back in 2018. It has been delayed and delayed and delayed again, but from what I remember it is still supposedly going ahead at some point. See the links below for a little more detail:

Perimeter Developments 185 King Street South: https://perimeterdevelopment.com/projects/185-king/

And there is actually a thread on this forum for this: https://www.waterlooregionconnected.com/showthread.php?tid=1184

Whether or not this ever gets build remains to be seen. Uptown Waterloo is a graveyard of proposed but dead-on-arrival projects.

RE: Vacant Land beside 181 King St S / Circa 1877 - tomh009 - 12-19-2024

And office space is not in high demand at the moment.

RE: Vacant Land beside 181 King St S / Circa 1877 - nms - 12-23-2024

With the benefit of hindsight, it was somewhat wasteful to allow the space to be torn down before anything else was done with it. At the very least, the space could have been put to another community use before being torn down just prior to construction. A vacant lot does not do anyone any good.

RE: Vacant Land beside 181 King St S / Circa 1877 - bravado - 12-23-2024

Every time the phrase “vacant lot” is uttered, a bunch of deranged Land Value Tax georgists (myself included) restart our holy war on the bad incentives of our current property tax system

RE: Vacant Land beside 181 King St S / Circa 1877 - Acitta - 12-23-2024

(12-23-2024, 08:05 AM)nms Wrote: With the benefit of hindsight, it was somewhat wasteful to allow the space to be torn down before anything else was done with it.  At the very least, the space could have been put to another community use before being torn down just prior to construction.  A vacant lot does not do anyone any good.

It may have been torn down with plans to start a project soon after, but things didn't work out as planned. If they knew in the beginning that they wouldn't be building for 5 years, then maybe they would have posponed the demolition.

RE: Vacant Land beside 181 King St S / Circa 1877 - creative - 12-24-2024

Covid happened!

RE: Vacant Land beside 181 King St S / Circa 1877 - Vojnik_Vahaj - 05-06-2025

(12-23-2024, 10:50 AM)bravado Wrote: Every time the phrase “vacant lot” is uttered, a bunch of deranged Land Value Tax georgists (myself included) restart our holy war on the bad incentives of our current property tax system

Whenever I hear someone mention Georgism I start foaming at the mouth(in agreement)

RE: Vacant Land beside 181 King St S / Circa 1877 - bravado - 05-06-2025

(05-06-2025, 05:51 PM)Vojnik_Vahaj Wrote:
(12-23-2024, 10:50 AM)bravado Wrote: Every time the phrase “vacant lot” is uttered, a bunch of deranged Land Value Tax georgists (myself included) restart our holy war on the bad incentives of our current property tax system

Whenever I hear someone mention Georgism I start foaming at the mouth(in agreement)

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