The Revitalist

The Herald reports that North Enders packed a recent City Hall hearing to protest the conversion of the former Prince Pantry into luxury condos. The residents say that their way of life is threatened by development that is driving the neighborhood shops out of business. The developer says that he tried to find a retail tenant for the space but couldn't. Ultimately, the developer withdrew the condo proposal – what will happen at the site remains unclear.

There's no doubt that the developers who are creating these condos are making money, and there is no doubt that the people who are buying them are getting what they want (cool space in a great neighborhood). The original building owners are probably getting a good deal as well. I guess it's the neighbors who are upset about the change happening around them. It's an old story, and I'm not sure that anyone has a solution with a happy ending for all.