Genosha
B`gosh and the Holiday Inn Express
Oshawa’s downtown got a major boost last
month when developer Abdul Rehman and The
World’s Innkeeper announced plans for a downtown Holiday Inn Express, with
construction to get underway next spring.
This is great news for a downtown core that has
enjoyed some good times in the past decade or so, starting with the GMC and the
Consolidated Courthouse and moving on to UOIT-led projects like the Alger Press
building; the renovated Regent Theatre; and the Scotiabank-turned Faculty of Education, to name a
few.
All those projects have brought – besides hockey
players, criminals and students – jobs and more importantly, energy to the city
centre, as well as a little style. The Alger Press building, for example, was
run-down, tired and abandoned and putting a damper on the property values of
its neighbour, the General Motors Centre. Today, with very little effort made
to the exterior, it`s a funky, retro-chic home for Criminality and Justice
students and a big part of UOIT`s downtown footprint.
Rehman wants an even bigger splash with his proposed
six-storey, 125-room hotel, with restaurant, pool, fitness centre and small
conference centre, to be built at Queen`s Market Square, currently a municipal parking
lot and former weekend flea market, at the corner of Simcoe and Richmond
streets.
The deal is chock-full of incentives, with Rehman
catching a $90,000 break in building permit fees, as well as cashing in on a
special facade improvement grant worth $124,000. There’s also $2 million in tax
breaks, spread over 13 years.
I really don`t have a problem with this. We need a
hotel in downtown Oshawa and this deal makes it happen. The City risks only its
credibility if the deal falls through and that shouldn`t happen because, well, Relax, it`s Holiday Inn. The developer,
however, risks a great deal more, so incentives offer a small measure of
protection. It`s the way business and
government work and taxpayers will start seeing direct payback over the next 20
years, while the spin-off returns should be more immediate.
But if developers and the City want to start Pleasing People the World Over – or at
least in Oshawa – then the next major business announcement for the downtown
will have the words `Genosha Hotel` in the headline. Or at least Genosha. I
don`t care if it`s a hotel. Just do something.
Most of us know a bit of the history of the Genosha,
the city`s first classy hotel. It was the place to be in the late 1920s and
into the 1930s (and again during a brief renaissance in the 1950s), though it
was a money loser through most of its existence. Before the century was out it
had become a seedy strip club – remember the Million Dollar Saloon? – before the
City put a stop to peelers in Oshawa by passing a bylaw in 2003.
Since then the hotel has gone through several
owners. There was the Korea Exchange Bank of Canada, there was ICC Global Group
and then Richard Summers (who has forged a good reputation as a downtown
landlord in recent years) and Richard Senechal bought the place in 2009 with a
dream of turning it into student housing. Now, apparently, it`s just Senechal,
but the building, with its boarded-up windows and desperate, crying need for a
good sandblasting, sits back on the market with no nibblers, no progress and
little hope.
John Borsberry, the guy who built the Genosha, was
described as a man with ``unbounding faith in Oshawa.`` Maybe we need one of those
guys. Just don`t tell him Borsberry died four years after the hotel opened,
with only a pile of debts left behind.
I just don`t want to hear that The Best Surprise is No Surprise. Go ahead. Surprise me.
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