Well it won't be long before we see what happens and while i am hopeful for the sake of the neighbourhood, i don't think that it is stretch to see people become more engaged in their surrounding neighbourhood. maybe initially they will avoid queen street, but eventually there has got to be a...
once the modern is occupied, i think that will be a good gauge to see what the interest is in having more development in the area. in any event i think that the neighbourhood will get better and better. these past number of years must be the low water mark for the neighbourhood.
the maxwell meighan center is massive. unlikely the place on jarvis could make up for the loss of beds if it closed.
i think a more likely scenario is that the neighbourhood will densify with a greater mix of people - not just the down and out.
When the modern finishes up there will be 350 units housing 400+ people that are more affluent than the current neighbourhood. these people will have paid high rents/condo costs and when they leave their building and get on the streets there will have to be businesses to service them. i'm in...
i'm guessing there will be decrease in sale numbers this year and for prices to stay flat this year. writing's been on the wall for some time, so i think people are sitting, i doubt the new mortgage rules will cause any minirush, it will just take some steam out of the market.
I'm not sure why there needs to be an army base in the centre of the city, but i'm glad it's not vacant. last thing this neighbourhood needs is another vacant building.