Sunday, June 29, 2008

July Preview

The last few days of June could be some of the most important in recent Hamilton history. On June 30th, developer Harry Stinson is hoping to close his $9.5 million bid to purchase the Connaught and begin renovations. Not long after that, city council will be forced to give $7 million back to the provincial government after failing to broker a deal with LIUNA regarding the Lister Block.
Make no mistake, each of these events could have a major impact on the economic future of Hamilton. The failed Lister deal is the fourth in recent years, including 1995, 2000, and another bid earlier this year. Even Harry Stinson expressed interest in the property, and was shot down.

While the Lister deal may be dead once again, I'm hoping that Stinson can inject some excitement into the core and generate a little positive press.

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