[Northern Light]

To add to the above, in addition to the 50M in capital, the Westons will be contributing 2.15M per year, every year, for 20 years for maintenance.

That's 43M, for a total contribution of 93M here.

Its curious to me that they went this route. If they donated 40M all at once, in a Conservancy, it spins off 1M per year, forever (roughly based on average ROI after inflation).

But, if you do that and don't spend it for 20 years (assuming this were for major work which won't be required when everything has just been renewed), you could easily double that, and provide 2M or more per year, forever.

 

[UtakataNoAnnex]

...still not turning Queen's Park Crescent W. into pedestrian muse? I would like to cross over to Queens Park from that direction at some point in my life without getting ran over.

 

[Northern Light]

...still not turning Queen's Park Crescent W. into pedestrian muse? I would like to cross over to Queens Park from that direction at some point in my life without getting ran over.

Just write to the Westons and ask nicely if they'll fund University Park, phase 1. The City and I might differ on the numbers, but I'll say it can be delivered for 200M. That's less than 1/2 the family's typical investment growth in a year.

 

[junctionist]

Just write to the Westons and ask nicely if they'll fund University Park, phase 1. The City and I might differ on the numbers, but I'll say it can be delivered for 200M. That's less than 1/2 the family's typical investment growth in a year.

And what about the Thomsons? I can't recall any public realm projects they've donated to.

 

[Northern Light]

And what about the Thomsons? I can't recall any public realm projects they've donated to.

Valid point, but it strikes me that its not something that excites that family.

The Westons are interested in the environment, and aesthetics and active living.

The Thomsons are interested in art, and healthcare in particular.

Since we can't force people to donate, we kind of have to meet them where there interests lie.

 

[UrbanFervour]

I don't know for a fact there will be turtle-inspired public art in this park, I just know it's true.

 

[confusion]

Didn't have time to stay for the presentation, but here are some snaps of the posters

 

[JacksonYodels]

So, it’s safe to say they took absolutely none of the public feedback.

With a budget this large, they should really do an international competition. The current proposal is so utterly underwhelming.