taal
Senior Member
you are right that really i dont have anything to base this on. however i think we have scene recently a shift of people wanting to live downtown. as a result we have scene businesses begin to follow. particularly telus which did its research and found out that most yonge people want to live downtown and they want to work in the area as well. i have faith that other businesses have and will see this same logic for their own companies. sure nycc, y and e, and the vic park area have not scene office development in a long time. but they are all entering or are already in a condo boom. as a result it might take time but these areas will be desireable just as downtown is because of the thousands of residents in proximity to it. I have to also believe in a city and a region that is becoming more and more congested that location and proximity to subway and highway will also play a major draw. sure these areas dont have new office buildings but neither did markham until they were built recently. torontos behind the eight ball but it has major incentives that can lure businesses. i refuse to believe that outside of the core toronto will simply become a massive bedroom community.
I see your point but have BIG argument.
So I can see some companies will want to locate in the CBD and the core in general for the reasons you cite ... fair enough ...
But your question is about a second CBD, forget CBD, simply put, a new high concentration of commercial space outside the core.
NYCC and Yonge and Eglinton really don't have room for a great deal more of office space. But as you cited a couple other employment districts in Toronto have a huge amount of room (i.e. Consummers / 404 / 401 / ...).
But lets compare said areas to Hi-way 7, as you said people want to live in more dense urban planed areas. Markham is doing this, and there are plans for this at Hi-way 7 and Yonge as well. Those other areas in Toronto ? , no such plan exists nor will it likely exist. All those new condos near the 404 and Sheppard area exactly that ... just condos. No retail, no sense of a 'downtown' persay.
So those areas in the 905, have the tax advantage and are building the 'urban / mini downtowns ... I am referring to Downtown Markham in particular as that is the most developed plan to date'. So to me those areas should win based on the reasons you gave.