Quote:
Originally Posted by Reggie Dunlop
For me, it's the sweetheart deal CSEC will get on the bus barns land. Keep in mind, a new bus barn facility will have to built somewhere else. Even if you argue the property is on some very valuable real estate to offset that, why not have the parcel open for other bidders?
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Well, the city has already built a new bus barns facility, and it's already been paid for: the super-large Stoney CNG Bus Storage and Transit Facility.
https://www.calgary.ca/Transportatio...toneybusgarage
I do agree with you though, that the current bus barns facility in the Rivers District is prime land. I'm going to give the benefit of the doubt to CSEC that they will do something impressive with that property though; let's see what they propose first. Keep in mind, they'll have to work with CMLC to follow the design guidelines for that area.