News   GLOBAL  |  Apr 02, 2020
A Message to Our Readers
 8.5K     0 
News   GLOBAL  |  Apr 01, 2020
EarthCam Time-Lapse Documents Rafael Viñoly-Designed New Stanford Hospital Construction
 39K     0 
News   GLOBAL  |  Apr 01, 2020
Resort Town
 4.7K     0 

Passing the former Brampton CP Station site this morning. There was roadwork at the railway crossing. Only three cars south to interchange at Streetsville.

236CFAB2-1A6C-4589-94B5-85CE98DD65F2.jpeg
376417A5-6760-4FB8-8939-CF49EBF463D2.jpeg
1D78ED93-7FE0-4E4C-B1CF-3A516E6E5A3B.jpeg
 
From someone on Bruce Rails:

If anyone was holding out hope for the OBRY - what I can't believe is how the Mayor didn't just do this and re-connect the railway at Brampton... I've heard there was an exclusive agreement to interchange with CP but that is something the CTA can absolutely absolve, as a railway should have the choice of carrier to interchange to.

Anyway - it seems it has been sold for $25 million dollars. wow.

https://pub-brampton.escribemeetings.com/filestream.ashx?DocumentId=25026


"The following motion was considered pursuant to Item 15.1:
CW262-2021
1. That a by-law be enacted to approve and ratify the Agreement of Purchase and Sale executed by The Corporation of the City of Brampton on April 7, 2021, for the purchase of properties located between Railroad Street and Queen Street West, Brampton identified by all of PINs: 14108-0126, 14108-0134, 14108-0150, 14108-0236, 14108-0237, 14108-0238 and 14108-0240;
2. That a by-law be enacted to authorize the Commissioner of Community Services to execute any agreements and all documents and instruments necessary for the completion of the City’s purchase of the properties identified by all of PINs: 14108-0126, 14108-0134, 14108-0150, 14108-0236, 14108-0237, 14108-0238 and 14108-0240, on terms acceptable to the Senior Manager, Realty Services and in a form acceptable to the City Solicitor or designate; and
3. That a budget amendment be approved and a new capital project be established in the aggregate amount of $25,420,000 (inclusive of due diligence costs, legal fees and other ancillary costs and applicable HST) for the acquisition of portion of the Orangeville-Brampton Railway in Downtown Brampton with funding to be transferred from Reserve # 2 – Cash-in-lieu of Parkland."
Click to expand...
 
This is only the section between Queen Street and Railroad Street - the most valuable real estate on the OBRY corridor given its size (the old station grounds) and development potential, being adjacent to Downtown Brampton.

The City of Brampton owns a lot of property downtown, and has bought up more, particularly old commercial buildings along Main Street. Much of this will be land for public uses, such as the planned Innovation Centre (new public library and education campus) and a new transit hub, but the OBRY lands are a little more mysterious.
 
You must log in or register to post here.

Back
Top