The more historic section of the Terminal can be easily imagined as a public market – similar to the St. Lawrence Market in Toronto – and operated privately to ensure good management.
Demolishing the train shed annex that the NFTA built to store equipment will allow for the restoration of the historic street grid, and with it three riverfront blocks ripe for development. Restoring the old street grid will make the entire cobblestone district more attractive for development, with a more distinctly waterfront feel.
Repurposing underutilized NFTA waterfront train yards into a bustling mixed-use commercial district that pays property taxes is a win all around. It’s a win for real estate interests, the city coffers, urban design, tourism, and job creation.
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