Relatively new building demolished.................WHY?

petros

petros

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Yup. It's reason enough. Agriculture Canada is being pieced off. The land it sits on is probably worth more than the building.
 
S

Sal

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Sep 29, 2007
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yeah I know people who have bought a perfectly good home because it was situated on land they wanted, it was about location, then they ripped the house down and started again

it's not super common but it happens often enough...it's easier than adding to in many cases
 
taxslave

taxslave

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Nov 25, 2008
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Never known the government to miss an opportunity to squander money.
That being said it is often cheaper to knock down an old building and start over rather than try to upgrade. Especially so if there is earthquake proofing to be done.
 
Tecumsehsbones

Tecumsehsbones

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Sal said:
yeah I know people who have bought a perfectly good home because it was situated on land they wanted, it was about location, then they ripped the house down and started again

it's not super common but it happens often enough...it's easier than adding to in many cases
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Happens in the D.C. suburbs all the time. Back when land was cheaper, people'd buy a half-acre plot and put a cheesy little ranch house on it. Now that the average price of suburban land is about what it would cost to cover any given plot in gold three inches thick, rich folk are buying the land, razing the crappy little rancher, and putting up homes that are anywhere from elegant to garish.
 
petros

petros

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The abandoned Sir John Carling Building at*the Experimental Farm is to be demolished Sunday in a controlled explosion.

The former headquarters of Agriculture Canada was vacated several years ago over asbestos and other concerns. A $4.8-million demolition project began last year after Public Works officials balked at the estimated $57- million cost to renovate.

At 7 a.m. Sunday, the 11-storey building at 930 Carling Ave. will be imploded with high explosives and is expected to drop into its own footprint.

Sightseers will be kept more than 1,000 feet away to prevent any potential injuries from flying debris. Roads in the area will be closed by police.
 
Walter

Walter

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#juan

#juan

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JLM said:
Sir John Carling building demolition carried out - Ottawa - CBC News


Seems like an utter waste to me. Couldn't this building have been converted to housing for the homeless or a long term care centre for ailing seniors. W.T.F. is it in Ottawa that is delegated to making these hare brained decisions? Someone who gets his "jollies" watching buildings implode?
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Just a small thing: At some point an investor paid good money to build the original building. In time the land is worth more than the building so the investor plows the building down and invests in a newer, larger, building. Turning a building into charity housing gives no return on investment. If you want people to invest, there has to be a worthwhile return on investment. Otherwise what is the point?
 
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