$700 mil residential & commercial redevelopment coming to Downtown Hamilton
An ambitious commercial & residential re-development of City Centre Mall is planned for downtown Hamilton on James Street North between King Street East and York Boulevard.
IN8 Developments President, Darryl Firsten, says that the three-point five-four acre property is an incredible location and that the plan is to knock down the structure to build five towers used for residential and commercial space.
The cost is an estimated $700 mil, and they expect redevelopment to start a few years down the road once they’ve researched the needs and wants for downtown Hamilton.
The property was listed for sale in early November 2018. The sale price has not been disclosed but the transaction is expected to be completed in December.
The new condo units are expected to have a lower price point than a single-family home and are the perfect location for commuting in and out of Hamilton.
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