02-23-2016, 10:22 AM
(02-22-2016, 06:25 PM)REnerd Wrote: Anything 'could' be possible.
However, it is not just construction pace that will slow this down. This is a giant undertaking which is anticipated to have hundreds of thousands of square feet of real estate developed. Finding the eventual developer with enough faith in the Kitchener market to make such a commitment will take time and lots of due diligence (for both the Region and the future developer/partner).
Also, I would be willing to wager that no one will touch this until there is a better train schedule between Kitchener and Toronto. Tenants of any retail will want foot-traffic that will come from trains....
Will be interesting to watch this unfold...
By 'could' I mean it is realistic if there was the will to do it. They would have to (1) accelerate the planning process (2) bring in some of the big guns both in terms of developers and construction firms, but it is doable. However as I said, we are slow central here and I do not expect this project to be completed before 2026 or 2027.