We hear a lot these days about new developments in London, Ontario. As the population continues to grow, so does the housing demands. With the city limits extending into what feels like farmland, there are some really great new development options, from condos and townhomes to larger detached family homes.
While new development is an ongoing trend these days, the word "redevelopment" is garnering some attention. With a number of industrial buildings sitting vacant and serving as a reminder of the harder times the city of London has experienced over the past few years, a few communities and developers are looking ahead at alternative uses for these spaces.
Recently, a community meeting was held in East London to discuss the redevelopment plans for the old McCormick-Beta Brands Factory. For those of you unfamiliar with the site, it is located along the Dundas Street corridor, has been vacant since the factory closed in 2008. The site is going to be developed by Sierra Construction, who were on hand to answer questions and gather input from local residents. Presently, the proposal is for a "lifestyle community" with a mixture of seniors residences and residential/commercial mixed-use space, according to a recent article. With a mixture of some green space (a much-needed feature for the area), this sounds like it could be the makings for a really great addition to the neighbourhood of Old East Village.
Interestingly enough, there's even some talk proposing that the building (and other industrial sites) should receive a heritage designation. A name being tossed around for this particular area is the "Smokestack District." With the retired Kellogg's Plant down the way purchased by Bayshore Groups, this once-neglected hub could be the starts of a cool, hip area.
If you just can't wait around until the redevelopment projects are finished and want to check out some new developments in the meantime, get in touch and I'd be happy to assist you in finding the perfect home.