H
Hydrogen
Guest
Troubling indeed. The pressure on Miller to do something on the waterfront may have made him open to doing politically dangerous things. This could blow up in his face.
The seven-storey office development, to be leased to Toronto-based Corus Entertainment, is to be built with a $132 million loan from the city, $15 million from the city's economic development agency and $12.5 million from the Toronto Waterfront Revitalization Corp.
Mayor David Miller urged councillors to look beyond the city's naysaying political culture. "We need to learn how to say yes." If approved by council, construction would begin in August, with Corus moving into the building in November 2009.
At the very least, the city will likely not cheap out too badly on the materials. Probably half-decent glass and not much precast.
I hope Council votes this thing down. Although I doubt they will.
Of all people, consultingwhore would know. That makes me a bit nervous.