Riverdale Rink Rat
Senior Member
Member Bio
- Joined
- Apr 29, 2008
- Messages
- 2,775
- Reaction score
- 273
- Location
- Back to East York... Alas!
A "Toronto centric regional carrier" won't ever be worth more than >$200,000,000, though. In the long run it doesn't make sense to dedicate a large chunk of downtown land to something which is so minimal.
At some point people will make the same realization the railways made; that downtown land is much more profitably dedicated towards urban land uses.
I don't think I ever suggested that one should be done at the expense of another. Not sure what point you were trying to make here.
1. You were being more than a bit histrionic, IMO, about the future of the airport. I was just pointing out that it can stay what it is today. The long run can be really long sometimes - 50 or 100 years in this case. And how much Porter is worth is really a problem for Deluce. One of the problems with this whole scenario is how Porter's expansion has become equated with the airport's expansion. No need for either.
2. Despite the fact that we've had a historic run of building housing units frenetically without crashing the market, there's no way we need to build out both the WT projects and a massive conversion of the airport to housing. It took 20+ years for CityPlace to build out, WDL, LDL, the Portlands, and East Bayfront will take the same amount of time.