05-10-2016, 04:12 AM
(05-10-2016, 12:48 AM)ijmorlan Wrote:whoever is running the business will probably set up somewhere else once they were to get the boot and it's not really worth the hassle to move your business again so they wouldn't relocate back (and pay all the set up costs again).(05-09-2016, 10:54 AM)plam Wrote: Will probably be in a Major Transit Station Area. Yes, City Council or the OMB could always override, but it is a deterrent at least. Really, they should buy their building.
No matter who owns their building, it does not make sense to have a single-story building surrounded by empty space immediately next to an LRT stop (even if the single story is 10m high). Buying their building would make the choice theirs, but the economics would still almost certainly push them to re-develop just as any other owner would. Having said that, why shouldn’t the ground floor of a residential condo tower be a climbing gym? Or there could be a large atrium which is a tall climbing wall. I can think of lots of neat ways of both redeveloping and still having a climbing gym.
I'm not sure how profitable of a business climbing is but it is unique so they could set up anywhere that has cheap rent and have everyone come to them instead of waiting a few years and than possibly paying higher rent for the redeveloped building.

