It has been a significant week for housing news in St. Thomas.
A pair of announcements mid-week covered off a broad swath of the residential spectrum.
At Wednesday’s site plan control committee meeting, conditional approval was granted to Fast Forward Ventures of London for their 14-storey, 162-unit apartment building to rise on the south end of the former Timken Canada property near the intersection of First Avenue and Talbot Street.
The Timken plant closed in 2013 and was demolished and the site cleared in 2017.
The next day, the province announced $3 million in funding to develop 20 supportive housing units inside Phase 2 of the city’s social services and housing hub now under construction at 16 Queen Street.
Let’s take a closer look at both developments – which Mayor Joe Preston described as “one more step in attacking the city’s housing shortage.”
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Addressing homelessness, addiction and mental health issues . . . how do we collectively get on the same page?
He’s lived in the downtown core for 29 years and Steve Peters recounts over that time, “either sitting in my front window and watching the traffic on the street or sitting on my deck and hearing the traffic, things have changed.”
Boy, have they ever and Coun. Peters begins to open up on the challenges people face in finding a place to live in the heart of St. Thomas.
How much of that is due to what is referred to as the gentrification of downtown neighbourhoods?
“In the core area, the number of retrofits I have seen and continue to see,” suggested Peters.
“I am aware of a family that has had to move out of their place because the building has been sold and the new owner is coming in and is going to spend a lot of money to upgrade the place.
“I can look at a house beside me that is a fourplex and changed hands about four years ago and the new owner I bet spent over $200,000 or more and where this fourplex was probably renting for $600 is now renting for $1,200 plus utilities.”
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Three decades after incorporation, could the son of a founding father offer a financial lifeline to the Elgin County Railway Museum?
Preserve a critical piece of property intrinsically linked to the city’s railway heritage or build 240 or so badly needed housing units in the downtown core.
That’s the question to be put to members of the Elgin County Railway Museum early next month.
St. Thomas developer Doug Tarry is offering to purchase eight acres of railway land immediately west of the museum at $300,000 per acre for low-rise residential development that would front on to a new street to be built off Ross Street and north of Jonas Street.
The museum would remain, as would the transfer table to the east. Much of the existing yard track would have to be lifted to create a new yard to the north of the museum, maintaining the connection with the Port Stanley Terminal Rail line.
The offer is conditional on the museum receiving approval of the membership.
The reason for a possible sale of some of the excess land is to raise funds to go toward restoring the museum building – the former Michigan Central Railroad locomotive shops – while reducing ongoing operating costs.
Proceeds from the sale will provide seed money to access additional loans and grants to allow for the complete restoration of the building.
