The city this week locked in place two more pieces of the Talbot Street West redevelopment puzzle with announcement of the purchase of two properties from London developer Shmuel Farhi.
The acquisitions are the Mickleborough Building at 423 Talbot Street – the home of Ontario Works since 2000 – and a parcel of land on the south side of Talbot St., between William and Queen streets, and stretching south to Centre Street.
While a conditional offer was announced last April the delay, according to city manager Wendell Graves, revolved around environmental issues.
“We have done due diligence over and above so we know exactly what we are facing,” stressed Graves. “In our approved city budget this year we have funds allocated there to begin some cleanup. Because we are looking to use pieces of that site for residential, under the Ministry of the Environment regs, that is the highest order of cleanup that will be required.”