Over the last few days, huge machines demolished the old Go Kart/ Laurel Springs building at the intersection of Northfield and the railway tracks in North Waterloo. Next comes the building of Northfield Station http://www.collierscanada.com/5286, a commercial building right beside the proposed LRT station on Northfield. Today, CTV trumpeted a new development at the NCR building that has lain vacant for the last few years. Mayor Halloran stated, “They came to us.” Waterloo Commons will contain commercial, restaurants, high-end development and perhaps a hotel. http://swo.ctv.ca/servlet/an/local/CTVNews/20120222/waterloo-commons-development-jobs-120222/20120222/?hub=SWOHome
This is not the only potential station area that boasts the beginnings of new development. Uptown Waterloo has 5 new condo buildings going up around the proposed Allen St. station and a stone’s throw from the Uptown stations.
In Kitchener, a new development was just announced on King St. East by the proposed LRT station. Also in the same area, a group of young entrepreneurs are reviving the area around Madison. Not to mention the Breithaupt Block http://www.thebreithauptblock.com/ and the Tannery near Victoria St. and the proposed transit hub.
Looks like the proposed LRT stations are already spurring intensification.