Evidently the ice cream shop at PAL does not pay rent for the use of the building. This is because of the lack of water supply. I wonder if they are paying for the electricity? This makes me wonder if any business down there, restaurant and art workshop will have to pay for use of the building space? I believe that the City of Thunder Bay is so desperate to get something…anything in those two very expensive buildings, the City will subsidize the businesses with our tax dollars.
In November / December the city offered the Water Garden Pavilion space for rent to the public at $24?? and the new part of the Baggage Building at $19/sq. ft. Free is quite a bit less than that.
Then there is the condo sales office in the CN Station. No rent so far from them either. The business model of this project which was unveiled way back in 2007-2008 does not seem to be working out. The place is a drain on our taxes. Surprised? Not me.
Of course, this is never mentioned in the press releases that come out of City Hall.
Nothing is happening with the restaurant space so far. The money making season for any business in PAL is almost here. I am not sure if a restaurant can open there before summer is almost over. Bluesfest. Canada Day. Then the season is done.
Posted in Thunder Bay, Uncategorized Tagged 1778691 Ontario Inc., administration, baggage building, brook mcilroy pace, CN Train Station, free, Greg Alexander, katherine dugmore, prince arthur's landing, thunder bay, thunder bay city council, vuecondos.ca, water garden pavilion, waterfront restaurant