Discover and read the best of Twitter Threads about #HamiltonLRT
Most recents (1)
The cancellation of the shovel-ready #HamiltonLRT will certainly damage future growth & development in the #Hamilton area, but there will be other fallout; it will cost taxpayers tens of millions to cancel signed construction contracts.
1/3 #HamOnt #onpoli #ResignDougFord
1/3 #HamOnt #onpoli #ResignDougFord
New developments along the route were sold on the LRT being there. It’s all but certain that developers with sunk costs will sue the province.
Individuals who bought condos on the promised LRT will be suing developers.
There will be a domino-effect of cancelled projects.
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Individuals who bought condos on the promised LRT will be suing developers.
There will be a domino-effect of cancelled projects.
2/3
There are likely businesses along the LRT route who have signed long-term leases at higher rates given the promise of increased traffic from the LRT & the condo developments it inspired. Suddenly that rug has been pulled out from under them. Lost revenue and lawsuits.
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