Charles St GRT terminal redevelopment

[tomh009]

That's exactly it. It's a GRT (thus, regional) property so the city is not in control. Hopefully they are discussing this area with the city, but it's a more complex scenario than if the city owned it directly.

I always wondered then -- did the city of Kitchener get money for this site from the GRT/Region? It's originally owned by Kitchener Transit, and hence, the City of Kitchener, and staff was all paid by the City of Kitchener, back when it was first built. I am not sure how much, if any, the city of Waterloo contributed to this, and obviously the rest of the region contributed zero. I seem to recall that this was mostly paid by the city though, if memory serves me correctly.

I expect that this was one of the Kitchener Transit assets (just like the buses and maintenance facilities) that was transferred to the region when GRT was created back in 2000. I can't remember the financial terms of the transaction, though.