King Street West Update
Cobourg residents are encouraged to shop and do business downtown. The centre of downtown is King Street West but some stores have closed or are wanting to close and their buildings are up for sale – although there are also building owners selling with the tenants continuing. What does that mean? A CIP is available that provides grants for building improvements but the amounts are small compared to current ask prices. The program to “vitalize” the Downtown that started over 10 years ago seems to have died and judged by actions, this was a low priority in the previous council. On King Street West alone, I count 10 current listings of downtown properties, some for multiple buildings. There is negative… Read complete articleKing Street West Update