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Tuesday
Jan032012

Condo projects showing promise in the core

Hamilton’s core is on the cusp of a condo boom.

Two developers are working on new projects that are expected to add more than 20 storeys of condominiums to the downtown and Stinson neighbourhoods.

One is a proposal for a $20-million condo development at the site of the Hamilton Cab headquarters on Charlton Avenue East, at the foot of the escarpment. Ron Van Kleef, the president of Hamilton Cab, aims to create 160 units in three, six-storey buildings.

The other is developer Harry Stinson’s Hamilton Grand building on the corner of John and Main streets. The project, which had been stalled due to financing issues, is moving ahead as a six-storey structure incorporating a mix of commercial and retail, office space, hotel rooms and condos.

Combined with Stinson’s redevelopment of the former Stinson Street School, the projects should give a much-needed boost to central Hamilton, said Councillor Jason Farr.

“Look out, southern Ontario — the next big neighbourhood is right next door to Corktown,” he said.

Van Kleef says he’s been working on his condo project for more than three years. He has had formal consultation with city staff, Farr, and Mayor Bob Bratina and is in the process of finishing the environmental and traffic studies required before construction.

“It’s a site that the city really is supporting,” Van Kleef said.

Van Kleef’s planner, Ed Fothergill, estimates construction will begin in a year and a half.

The site — the former home of a bowling alley — had been vacant for several years before Van Kleef bought it in 1997. The property had fallen into disrepair and Van Kleef said he invested a significant amount into its remediation.

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