Province’s waterfront Hearn site subject of sales talks
A representative for Ontario Power Generation confirmed talks are underway for a possible sale of the site.
Very interesting indeed. Now the cracks start to appear.
https://www.thestar.com/news/city_h...rfront-hearn-site-subject-of-sales-talks.htmlProvincially owned Ontario Power Generation is in talks to potentially sell the hulking, long-decommissioned Hearn Generating Station on Toronto’s east waterfront, city councillors were shocked to hear Thursday.
“I’m gobsmacked,” Councillor Paula Fletcher said after her intense questioning of two OPG representatives appearing before a city committee confirmed negotiations to sell the landmark publicly owned waterfront site to private owners.
“It’s very disturbing because the province should be stewards for that land, for when the spectacular redevelopment of our waterfront moves eastward.
“It’s a unique building in the world to have on your waterfront — it’s big, it’s beautiful, there could be a fantastic repurposing like we have seen of similar buildings in New York City and other cities.”
Ray Davies, OPG’s real estate strategy manager, and Mary Flynn-Guglietti, a McMillan LLP lawyer representing OPG, appeared before the planning and growth committee considering future plans for the Port Lands.
The OPG representatives repeated past objections to city redevelopment plans, saying new roadways, intersections and public space impinge on OPG’s Portlands Energy Centre at 470 Unwin Ave. and the neighbouring Hearn, which is leased to Studios of America for film production.
Fletcher asked if there is any truth to talk that OPG is in sale talks with Studios of America to sell the 16-hectare (40-acre) Lake Ontario site.
“I’m not aware of that,” Davies said, adding the Hearn is not among his files but he knew that, under its long-term lease, Studios of America would have first crack at buying the site if it is sold. [...]
Some retrospect on Hearn and Cnclr Fletcher:
The Hearn: What's Next for Toronto's Sleeping Giant?
June 29, 2016 11:58 am | by Julian Mirabelli | 2 Comments
The discussion surrounding the future of the Hearn is definitely a relevant one, given that the Port Lands are considered Toronto's next great development site, with space rapidly running out in the downtown core. Councillor Fletcher explained that she recognizes the importance of the Hearn, not only in terms of its heritage value and extraordinary spatial qualities, but also the potential that the building presents to become a great landmark in the city of Toronto. Having saved it from demolition some years ago, she is an active participant in the future of the site.
Ward 30 Councillor Paula Fletcher speaks to the Ryerson audience, image by Julian Mirabelli.
Both Fletcher and Josephson acknowledged that when considering the Hearn, we need to think big, and go beyond "just a skating rink" - a reference to a past proposal to turn the Hearn into ice rinks. Councillor Fletcher marked the Hearn as a catalyst for the development of the Port Lands, calling for "one big gesture" that will foster development in the area and lead to a healthy, thriving community. The building would be a landmark not just in the Port Lands, but in Toronto itself, and must set a precedent for future reuse projects in the city and beyond. One thing was unanimously agreed upon: it will be the centrepiece around which the Port Lands community will evolve, and it must be one grandiose statement that will resonate for years to come. [...]
I feel for Cnclr Fletcher, she's well-intentioned and a good person, met her a number of times, last time regarding dogs-off-leash areas in TO parks, which was highly successful for her, but alas, there's a lot more reality yet to sink in on the grossly over-sold dream of the "Port Lands".
Let's just concentrate on stopping the Don from flooding. That alone will absorb $Billions and more.
It looks like Pinewood might have got scooped, and Council was complicit in extending favouritism to Pinewood for leasing terms that were kept confidential.