New Hotel at CNE GroundsA project to be constructed on the site of the Canadian National Exhibition in Toronto will give the public a chance to see of the city’s military history. This will be done by incorporating the archeological remains of an old barracks long buried under a parking lot.
An extensive section of the Stone Foundation Walls of the Barracks constructed in the 1840's to station British Soldiers, will be covered with Glass and lead to the adjoining Hotel.
Project Design by NORR Architects
1. Planned HK Hotel Tower
2. Officers Quarters
4. New pond to correspond with the original Lake Ontario Shoreline when the Barracks were built in the 1840's
5. Allstream Centre - Currently Existing Building
6. Direct Energy Centre.
Global Financial Markets (Factor: Negative)
The global financial markets seems to be on the rebound, from late last year and continuing into the new year, the stock markets of the key global players has been improving in performance. So why is this a negative for Toronto and our economy in general? Well, if you remember the Financial Crisis, after the initial shock of the collapse Toronto actually did quite well, the cause of this was that International Money was looking for a safe place to go and hide, and as far as investors there is no better place to stash your money than Toronto, as it's safe, it's global and has a solid reputation for financial stability. A global Financial rebound is bad for Toronto, as cash now has other places to go to get a good return. The easy ride will be over for us here.
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