immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Toronto Magazine: Toronto and Chch Property

toronto magazine: The city's white-hot real estate market was a popular talking point particularly a local realtor's study that suggests priced-out Toronto residents were responsible for a quarter of Hamilton home sales in the first three months of the year, according to Hamilton Spectator. But well-known GTA developer Brad Lamb, an event panellist who has pitched a 600-unit, two-tower condo project on the former CHCH property, found himself clarifying quotes attributed to him in a Toronto magazine declaring Hamilton is destined to become a suburb to Toronto. The sensitive topic came up repeatedly on the first day of the cheekily named Hamilton Consulate event on Queen Street West, which is using panel discussions, music, fashion showcases and even business-oriented speed dating to rebrand the city in the eyes of Toronto investors. The self-proclaimed Toronto condo king told concerned Hamilton boosters he was taken out of context. I don't develop in bedroom communities I like Hamilton because it's a city, said Lamb, who added he is considering four possible Hamilton condo and rental projects in the downtown worth more than 1 billion, including at least one 300-unit tower on Main Street. I would never call Hamilton a bedroom community. (www.immigrantscanada.com). As reported in the news.