christiesplits
Senior Member
Today.
I don't even think about lot of people inside of Hamilton realize.I wonder if people outside of Hamilton realise what a miraculous transformation has occurred?!
Good to know the hard facts. Thank you. But it is still tough to shake the feeling of missed opportunity, whether real or imagined.Hamilton's permitting and regulatory environments, minus the 30-storey limits, are one of the most friendly in the GTHA. Development in the downtown enjoys no community charges, development charge discounts which amount to some of the cheapest DCs in the GTHA (around $22,000 for a 1-bed unit, compared to $52,000 in Toronto and $91,000 in Vaughan!), as-of-right zoning with a relatively simple site-plan process, affordable and simple landscaping and construction staging requirements which help keep construction costs down.. no green standards or parking requirements, etc.
It's one of if not the cheapest place to build an apartment building in the GTHA. Which is important because it also commands some of the lowest rents.
Yes, it's costly and complex to try to do more than 30-storeys, but that size of project can work fine financially and if you do the 30-storeys you can build an apartment building relatively cheaply and with minimal red tape from what is typical in the rest of the GTHA.
The reason Hamilton hasn't seen more growth downtown isn't because of municipal red tape or financial burdens placed on development, it's because the downtown has a certain reputation and market realities which make it challenging (relatively low rents and sale prices, dense downtown sites but still relatively high parking demand, etc.).
I don't even think about lot of people inside of Hamilton realize.
Someone posted a photo of the interior of the "Hamilton City Centre Mall" on Facebook recently and like 50% of the comments said things like "I remember the Centre Mall and this is not the Centre Mall" and "This must be at Lime Ridge Mall because I know what the Centre Mall looked like". They didn't even have any concept of the Eaton Centre / City Centre after it existed for 30+ years. I think it says something about your average Hamiltonian and/or your average Facebook user and/or your average Hamiltonian Facebook user.This is true, I think.
And it's often the people living in the suburban areas who are oblivious to it. Some will complain about congestion (supposedly due to removal of many of the out-dated one-way streets, though in my opinion it's more about evolving transportation demand and travel patterns as the city slowly continues to transition from being a hub for heavy manufacturing), the LRT plan, and the social issues that pervade the central city. But I have to wonder how many have actually experienced any of it.
My parents are a case in point. They're now around 80 and doing well but their trips largely involve medical appointments and groceries, and that's all generally close to home in East Hamilton and Stoney Creek. But they'll read an opinion story or letter in the Spec about the downtown area and believe it word for word. I doubt they've been downtown in years, and the last visit was probably to a restaurant with me as driver and maker of arrangements.
By my count we are at around 3,300 units under construction right now:Even with the height limits, the total of all units constructed in downtown Hamilton starting from the curving Marquee Residence/20 George St. is impressive.
Does anyone have an ongoing tally? 75 James is 600+ units alone
And those people are sadly missing out on the best restaurant scene around and some of the coolest little shops!There's probably a sizeable percentage of residents on "the mountain" that haven't driven let alone stepped foot downtown for years, unless it's for hospital appointments, Doctor/specialist visits.
Interesting. So more than half the units have yet to be completed. And assuming that not all of the already-completed units have been populated, that means that there is still a pretty sizeable number of people still to come downtown.By my count we are at around 3,300 units under construction right now:
View attachment 676493
Recently completed (last 5 years or so, Marquee isn't on the list):
View attachment 676494