Has the property for the 409 Brant project actually been assembled or has Revenue Properties just said 'we will buy you out if we get the deal we want'.

By Staff

July 4th, 2018

BURLINGTON, ON

When reports are prepared for city council there is some standard information at the top of each document.

President of Revenue Properties in Conversation with Mayor Goldring at a public event.

The report going to council on the 409 Brant project being developed by Revenue Properties has the following information under Applicant.

Reserve Properties Ltd.
2001586 Ontario Inc. (owner, Elizabeth Law):401 and 405 Brant Street
2486157 Ontario Inc. (owner, Elizabeth Law): 403 Brant Street
Elizabeth Law: 409 and 413 Brant Street
Elizabeth Law Interiors Ltd.: 411 Brant Street, 448 John Street, 2012 James Street
Albert Ludwig Schmid 444 John Street

The Brant street properties that will be be demolished if the 409 development actually proceeds.

Does this mean that Revenue Properties does not yet actually own the land it wants to acquire and develop?

That kind of limits the risk doesn’t it?

Penny

July 4, 2018 at 8:52 pm

I don’t know if Kelly’s Bake Shop is designated Heritage. In the report to go to Council on this project the planning department mentions that they feel that not enough care is being taken to protect this building during the construction phase. The other thing that developers seem to be able to do is to move the “heritage designated” structure. Where is the “heritage house” that is now where the Saxony Development is being constructed? Does saving a heritage structure mean that it can be moved to another part of the city? Isn’t the location just as important as the structure? Why does the City allow this to happen?

I have to wonder if Kelly would even want to stay in that location, especially during the construction phase.

Allan S

July 4, 2018 at 12:58 pm

How is it developers can demolish buildings such as Kelly’s Bake Shop that are clearly identified as a heritage property? Since we are a young country you would think that Canada and Burlington would want to keep what few old buildings we have or at least the facades.

Editor’s note: who said the Bake Shop was going to be demolished? It is seen as an integral part of the development Revenue Properties is proposing.

Has the property for the 409 Brant project actually been assembled or has Revenue Properties just said 'we will buy you out if we get the deal we want'.

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2 comments to Has the property for the 409 Brant project actually been assembled or has Revenue Properties just said ‘we will buy you out if we get the deal we want’.