Committee of the Whole Meeting
|Date:||September 14, 2015|
|Location:||Council Chambers, Level 2, City Hall|
City council sitting as the Committee of the Whole will receive a confidential presentation on downtown real estate by Scott Stewart, General Manager of Development & Infrastructure, Allan Magi, Executive Director of Corporate Works and Ron Steiginga, Manager of Realty Services.
The presentation will include an assessment of development options for each of the city’s surface parking lots, including employment uses.
For example, several council terms ago, the city issued a Request for Expressions of Interest in developing the Elizabeth Street parking lot across from Village Square. There were a number of responses, but all were set aside when McMaster expressed an interest in locating a teaching campus here. Ultimately, McMaster decided to locate on the North Service Road.
My vision for this lot is an office development, with possibly public uses in the ground floor. Economic professional development is key to the long term health and vibrancy of the downtown. The city can assist in a number of ways, including providing land as well as providing parking, via the parking reserve built up through a levy on downtown businesses, monthly and daily permit fees, and fines.
As of this writing, we had not received any advance materials for the workshop, however, my goal will be to work with staff to release whatever information we can so the public can participate in this important conversation on how best to leverage our publicly-owned downtown real estate for economic development and public benefit.