But then came Farhi Holdings Corp. with a plan to build a 40-storey "flagship and legacy" residential/commercial tower behind this row, incorporating the old buildings into the design. If you can't picture that, take a look here.
So what's the problem? Heritage harpies should be happy, right? Isn't this a great compromise? The old buildings will be preserved and London will get more of the residential and commercial space city planners deem necessary to revive our downtown core.
Here are some concerns:
- This proposed tower and the one suggested by York Developments at 50 King Street may be a “slippery slope,” setting precedents for more towers to be built along the Thames, a Canadian Heritage River. When highrises crowd the waterfront, they detract from the ambiance of the river forks, Harris Park, walking path, and river view.
- Besides the Ridout Restoration, this part of Ridout Street contains: Eldon House, London’s oldest house; Museum London, the city’s best-known gallery; the Old Courthouse, the city’s oldest building. Together, this streetscape constitutes the heart of London, an area we should be promoting to tourists. How could a modern highrise contribute to the ambiance?
- The proposed building and its podium are not in keeping with the style of the existing buildings, which constitute one of London's four National Historic Sites (the others are Banting House, the Old Courthouse and Wolseley Barracks). How can we preserve a capsule view of 19th century Ontario with an unsympathetic contemporary development perched behind?
- Before rezoning, the height of new construction here was limited to the height of the existing structures – three storeys. Should zoning changes or “bonusing” really allow buildings nearly ten times taller than what’s already there?
- The nearby park is a floodplain. The overflowing Thames has been known to cover Harris Park and its adjacent parking lot. How will the water impact a building on the park’s edge? According to this article, the Upper Thames Valley Conservation Authority has OK'd the development. But so many of us are used to seeing this.
- Will Bankers’ Row be able to withstand construction disturbances, including excavations and vibrations? We don't want this to happen.
- Farhi's track record on preserving such buildings as the old Central Library and Wright Lithographing suggests his company may not be the best caregiver for the Ridout complex. There's already been a fire at number 435 and the building has not been fully restored.
- Why build on this site at all? Surely there must be some other space Farhi can use for development. How about the the old Free Press building? Or the parking lot across the street?