So Markham wants to build a 20000 seat arena and entertainment complex that will rival the Air Canada Centre. In a way it makes perfect sense. There has been a lot of talk around bringing an NHL team to Markham, however I believe Toronto residents and possibly the media have it backwards. I used to live in Markham and based on the makeup, demographics and changes in Toronto, I think it will do quite fine with or without a team. Markham is building a new downtown and the facility is part of the plan. With a large ethnic mix of Asian and South-Asian residents; along with the diversity of York Region and north Toronto, other uses are possible. It’s perfectly situated near the Unionville GO station and is well served by VIVA. I remember when prices for brownstone styled homes were listed at $400000. At the time I thought it was high, but now it seems like a bargain. Will it work, who really knows. The world does not only revolve around downtown Toronto. I believe that Markham politicians have recognized that the times are changing and they are betting that they will be on the right side of the future.
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Lehman Files for Biggest Bankruptcy in American History, rumors of warnings with AIG and Citibank and the coming market meltdown
September 15, 2008
October 17, 2007
October 15, 2008