denfromoakvillemilton
Senior Member
Member Bio
- Joined
- Apr 30, 2008
- Messages
- 7,496
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- Location
- Downtown Toronto, Ontario
Even if it does start to develop, how much of that will include office buildings? One of the pro-subway arguments that is used to justify is that the subway will attract jobs to STC. But it should have been pretty obvious by now that the suburban Toronto office market is pretty uncompetitive to the 905, when even the most prime locations have struggled or failed to attract any commercial development.
Wrong! There's little money to be made to build here so the developers are avoiding it. Construction costs are similar here to anywhere else in Toronto but the amount they can charge purchasers is less than they can in areas of Toronto that are booming. Subway won't change that. Don't expect much in growth here for a long time.
Yup. They said this in 1995 and 2000, and 2005. The subways won't fix SCC, you have to lower taxes for that. Or admit defeat and make it a condo residential neighbourhood.