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Premier Announces $1B Plan for LRT Route

Ontario’s Premier, Kathleen Wynne, announced Tuesday, May 26th, that Hamilton will be introducing a LRT system planned to operate from McMaster University to East Hamilton’s Eastgate Square. The route will look like this:

proposed-b-line-lrt-route-map

 

The system would target McMaster Universities 25,000+ students and staff. It would also draw McMaster’s Healthcare Centre patients and staff along with families going to the Children’s Hospital.

Between McMaster and Eastgate Square, there would be a total of 16 street-stops in between. From McMaster, the line proceeds east along Main Street W. over Highway 403 on a yet-to-be-designed bridge over to King St. W. to go into downtown.

lrt-downtown-international-village-closed-to-traffic

Here’s what a stop would look like on King St. West.

hamilton-lrt-rendering-fortino-s

This is the eastern terminus of the existing bus B-line, and was the original end of the line for the LRT route. Tuesday’s announcement indicates that at first, the LRT line will go only part of the way to Eastgate. That would leave the eastern end of the city off of the economic uplift radar, at least for now.

Want to feel like you’re actually riding the rails? Watch a video of portions of the route:

Hamilton’s Housing Market to Continue Hot Streak into the New Year

Major Canadian bank economists say Hamilton will continue to be one of the strongest housing markets in the country in 2015.

Hamilton-Ontario

Some predictions are even more striking.

“For 2015-2016, Hamilton is the only city where we actually have home prices growing over the two years,” said TD real estate economist Diana Petramala.

The TD analysis looks at the largest 14 cities in Canada.

‘For 2015-2016, Hamilton is the only city where we actually have home prices growing over the two years.’- TD real estate economist Diana Petramala

Over the last few years, Hamilton’s housing market has been hot, often ahead of the pack in how much prices rose or how many homes sold. The market has been a frequent talking point, its strength touted as evidence of the city’s vibrancy.

Hamilton, where prices rose six per cent last year, has been experiencing the kind of sales and price activity more typical in Vancouver, Calgary and Toronto. While the rest of the country may wonder about the continued strength of local housing markets, Hamilton appears poised to remain hot in 2015.

BMO Financial Group economists expect national housing prices to “scratch out a small gain” in 2015, said chief economist Doug Porter.

No scratching expected in Hamilton.

“I have to say the dynamics in Hamilton looks to be one of the firmer markets in the country,” Porter said.

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