10 Bond Street future awaits building demolition
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Feb 14, 2013  |  Vote 0    0

10 Bond Street future awaits building demolition

Dundas Star News

By Craig Campbell, Dundas Star News

The future of an east Dundas property that was home to a couple of local businesses and was destroyed by fire three months ago will be determined after the building is demolished.

Dave Lottridge, president of Prema Canada – which relocated to Burlington from 10 Bond St. N. – said last week his father and property owner Len Lottridge is waiting on permits to begin demolishing the remaining structure and clearing the site.

“It had been listed for sale as either a potential development site or as an ongoing commercial building,” Lottridge said. “Future plans will be determined after the building is demolished and the debris is removed from the site.”

Another tenant of the building, Watson’s Engraving, relocated its sign making business to the former Valley City Manufacturing building at 64 Hatt St.

No official cause has been determined, as that will be the responsibility of the Ontario Fire Marshal’s office because of the high loss incurred. Early estimates put the loss at approximately $1-million.

Hamilton Community News has filed a Freedom of Information request for details of the Fire Marshal investigation into the fire, and its final reports on the fire. The OFM has said the investigation’s results and reports will not be made public.

In 2009, the owner of 10 Bond St. N. participated in a formal consultation with the City of Hamilton planning department about the potential to rezone and redevelop the site into a six-storey residential building with 85 units and underground parking.

The property was listed for sale at least nine months ago, with an asking price of $1,009,000. That price was later dropped to $889,000.

The listing noted the 1.72-acre site included buildings with approximately 27,750 square feet and though currently zoned light industrial it was a potential redevelopment site.

“Seller has concept plan and reports available. Buyer to verify zoning and future use,” the listing stated.

Realtor Larry Szpirglas confirmed shortly after the November fire the property had not yet been sold. The listing was cancelled before the end of the month. The property has been owned by Len Lottridge since 1995.

City staff was not able to confirm by Tuesday whether they had received a demolition permit application for 10 Bond St. N.

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