Centre Mall Reconstruction Project
Centre Mall owners announced plans for a 23-building super centre on the property on Barton Street East. Cost is estimated to be around $100-million and will take up 700,000 square feet (65,000 m2) of retail space. This will end up being the largest redevelopment project in the history of Hamilton's east-end. The overhaul will take about two-and-a-half years to complete but the bulk of the work is expected to be done by the end of the summer of 2008. Some new buildings will go up before the enclosed mall is torn down. The redevelopment of Centre Mall is transforming the entire neighbourhood from Ottawa to Kenilworth Avenue. The $100-million investment in the mall has boosted Ottawa Street North - already the city's No.1 tourist destination. The garment district has also morphed into a holistic home decor destination area, complete with lighting, antique, design & glass stores. The Ottawa Street B.I.A. had the most application and grants under the commercial property improvement program in 2007 with thirty three and it had an effect on the property values and real estate activity in the district.
Read more about this topic: Ottawa Street (Hamilton, Ontario)
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