City set to turn over old VIA station to private investors

The landscape at Waterfront Park will soon see some remodeling as the City is close to striking a deal with private investors to take over the old VIA Rail station on the waterfront and redevelop it apparently for office and retail use.

The long time historic building on the edge of the harbour has become a run down shell of what it once was, a bit of an eyesore in the midst of the ongoing redevelopment of the area.

The plan as outlined by Mayor Herb Pond to the Daily News is that the city will sell the old building to an undisclosed as yet third party who will renovate and reinvigorate the building, turning the asset back over to the city in fifty years…

( from  the blog a town called podunk,  click on the link below to see the entire article … 5793916416 )-