I was suprised to find out that many consumers haven't heard about the 84-page Metrolinx plan that commits to building three rapid transit lines in Hamilton with 25 years, two of them by 2023.
If you don't know much about it, here's the scoop:
One line will run east-west from McMaster University to Centtennial Parkway--what Hamilton has been calling the B-line. A north-south line is planned to run along James St. up the Mountain.
The east-west line is a top 15 priority among the 40 projects Metrolinx wants completed in the next 15 years.
"We could have it running the next eight years," says Jill Stephen, city manager of strategic planning. "We are going to press forward with our studies, our consultation and make sure that Metrolinx knows we are ready."
Other key projects include a rapid transit line from Halton to Pearson Airport and express rail service providing significantly faster and higher capacity service to commuters traveling along the GO Lakeshore line, connecting the downtowns of Hamilton, Burlington, Oakville, Toronto, Pickering and Oshawa.
This is ASTOUNDING news for Hamilton and was actually announced back in October to little or no fan fare. Housing prices are going to go up along the route (and spread outward). Renovation projects in parts of town that are currently "off limits" to investors will suddenly become appealing.
This one project could be the catalyst to finally get more than just the rich and famous interested in downtown and the East. Once the project gets closer and mid-level investors are on the radar, things will happen...rapidly!
For more info, go to www.metrolinx.com
Robert J. Morrow is editor of www.HamiltonHomeReview.com, an online real estate magazine serving Greater Hamilton, Ontario. Click here for a FREE SUBSCRIPTION sent to your email monthly. Click here to receive new Hamilton area listings in your email daily.
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