One Young (née Mayfair Hotel) | 5 fl | Complete

[panamaniac]

If that were true then why is the lot beside Manulife on the other side of the street empty?

People are complaining about the TPSS' placement for ion "robbing the region of real estate just prime for redevelopment" and "creating a hostile environment for cyclists and pedestrians", yet how is it ok that these two lots, right in the absolute centre of downtown, are ok to sit here as bare ugly dirt patches?

That's more what I was getting at...

I doubt many people think it's OK for lots on the Regon's main drag to sit empty for years.  I don't know who owns the old Ackers site (perhaps still the Ackers themselves), which became empty after a fire destroyed the furniture store, and I really don't know why it hasn't been developed - it perhaps needs to be consolidated with either the Manulife site for a future expansion, or with the building(s) between the site and the PUC building.  I guess the same questions arise wrt the gap between the American Hotel block and the old TD Bank at Frederick.  The market seems simply not to have needed these spaces, at least not at the prices the landowners have been seeking (if they are even for sale).