aritage. Si

tes face

an uncertain future

Syndicate and Ellwood Blocks
topic of Monday night debate

WHILE THE future of a Lower
Lonsdaie site presently occu-
pied by two heritage buildings
is bandied about, both proper-
ties are likely to remain empty
and boarded up for some time.

NORTH VANCOUVER
“ CITY GOUNCIL
.By Robert Galster

Last Monday, council received
a letter: from LDP Holdings Inc.,
owners of the the Syndicate and
Eilwood Blocks, asking the city to
' either allow for the development of
' the property or to purchase it “at
fair market value plus our expens-
‘es incurred to date. .
“We respectfully request a

response on this matter within thir-.

ty days from the date of receipt of
this correspondence, so that we

‘can derive some degree of com-

. mercial certainty from this situa-
‘tion,‘and. hopefully .proceed with

our: Development. Permi applica-

; tated the letter.

_chs Laté last year LDP evicted five
commercial tenants from the
buildings: located at 51-59

“Lonsdale ..and

sEsplanade, :. citing ..engineering

reports : tating, the: _ Structures are |

vunsafe.: +
2s LDP bought the buildings from
amet: Holdings Ltd. in 1989 for

110-114 West. -

$2.4 million with the site’s devel-
opment potential in mind.

LDP’s correspondence to coun-
cil also outlined the city’s 1989
position regarding the site, which
also served to motivate LDP to
purchase the property.

According to LDP's letter to
council, at that time Marnet
assured the prospective buyers that
“the City does not intend to pro-
ceed with an involuntary heritage
designation.”

But a response drafted by the
current city staff and endorsed by
council stated that any develop-
ment proposal would be viewed in
light of the city’s present-day
objectives — not those of a decade
ago.

“An application for the devel-
opment’ of your lands in 1996
would be considered in the context
of the City’s current goals, objec-
tives and policies,” stated the city's
response. “These have changed
considerably since the mid-!980s
when the previous development
proposal for this site was actively
being considered.”;." -

‘ollowing “Monday. night’ s
council meeting, Coun. Darrell
Mussatto said council can’t make

any commitments to allowing

future developments until a pro-

‘posal is before them.

“Til look at any proposal,”
Coun. Mussatto said. “They save
the building for us and maybe
we'll give them some density.”

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G4 I'll look at any
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* niaybe we'll give them

some density. GY

— City Councifior
Darreii Mussatto

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