News   GLOBAL  |  Apr 02, 2020
 9.6K     0 
News   GLOBAL  |  Apr 01, 2020
 41K     0 
News   GLOBAL  |  Apr 01, 2020
 5.4K     0 

What makes you think it'll be a parking lot for an extended period of time? Is there something about the developer, or are you just speculating?
 
It's easy to be pessimistic about this - given the number of promised developments that now sit as vacant lots, where once there was a functional older building.
It feels especially that way when Alldritt is sitting on their empty lot directly across the street.

Let's hope for the best lol.
 
Honest question from someone not in the development world.

Is there any indication that Alldritt is going to develop their lot on 124th St, 142nd St, or the 80 storey site?

Or were these bought with the intention of selling at a profit in the future to other developers?
 
Seems a bit odd. So we should only be supporting development on empty lots?
I think context matters. In my opinion empty lots 100% should be the priority, but I would also consider condemned buildings as empty lots as is partially the case here.
 
In terms of crime and the perception of safety, getting rid of dilapidated buildings is more important than empty lots, imo. But the argument is moot anyways.... developers will build on land they can get within a price that works with their budget, regardless of whether or not it is empty. Sometimes there is empty land in a prime spot, but the owner doesn't want to sell or develop it. So the only option for other developers may well be to buy something that already has a structure on it.
 
Again though, how do you know they are not intending to build? Maybe you know something I don’t…?
 
I'd love to see this scale/look up and down 124st.
screenshot_20231017_145216_instagram-jpg.513724

 
A Valley Line branch along the old rail line east of 124th St could make this possible. It would be very cheap too, with only 3 street crossings.
I think you are referring to the 121street alignment. Would be great for a separate line down to to Jasper east to 95 street then up to 118 avenue. The last thing you need is a branch from The Valley line west it will need all the capacity it can get.
 

Back
Top