Niagara Falls River Road Proposal - Mega Towers Updated: Towers Approved Construction Set to begin in August of 2013
Niagara Falls Council gave it's approval to a massive twin tower mega Skyscraper Development on the River Road on the far side of the American Falls. If completed this project would be the tallest Hotel Tower in Canada (Full 100% Hotel Tower - No Condo Component) The project could begin construction within a year as all apporvals are in place. Outstanding concerns according the the developers are minimal. The project is the mastermind of Hunter Milborne, the owner of the Michael's Inn in Niagara Falls, and his business partner Ralph Terrio.
They were shocked when they encountered little to no resistance to the proposal. In fact most area residents lined up squarely behind the developers. Something you'll never see in Toronto. Considering the towers are 61 and 60 storeys tall and will bring $500 million to $600 million dollars of investment to the area community.
Factoring The Toronto Economic Forecast 2013What does the future hold for Toronto's Economy in the 2013 year? I'm doing a forecast based on a number of economic variables, to determine performance of our diversified economy and any external and internal impacts that might influence growth in the Golden Horseshoe Region (GTA). The factors that seem to have the most impact on Toronto is the Global Financial Markets, and Global Currency Markets, outside of that internal factors that determine the growth of the region are heavily tied to our skyscraper and construction industries now amounting to some 7% of Canadian GDP. And construction itself is tied to macro-economic factors such as National and Global Interest rates, or cost of money. So, one by one, we will factor each of these impacts on the Toronto Economy.
No comments:
Post a Comment