Canada Global(Web News)Business owners in Montreal’s Chinatown say problems with homelessness, drug use and crime have improved over the past year after demanding action from the city and police. But at a press conference Wednesday, he called for more economic help to revitalize the neighborhood, as many businesses are seeing a drop in revenue, forcing some to close.
I lost one of my tenants during the construction period because I don’t know when it’s going to be finished and the income a day, it’s less than $100 and two staff inside and rent, any way. Not that they can take it back. They have to cut their losses a week after opening for business,” explained Tony Ho, president of Ho Investments and owner of commercial buildings in Chinatown.
“We’re having trouble finding tenants and when we do find tenants, we finally find tenants who are ready to revitalize the city and they can’t wait for permits,” Ho added.
They say that the construction work is adding to the economic pressure.
More immediate items are closures that occur without warning and that last much longer, for example the closure of the bridge over the Val-Marie Expressway over St. Laurent, which closed Old Montreal and Chinatown and Quartier des Spectacles. “I think parking is a top priority for all businesses here and I can’t wait to get back to you,”
says Bill Wong, director of the Montreal Chinatown Development Council and a business owner. I live in the Furio complex and there is a parking lot underneath that is owned by the federal government
. To encourage.
Longer-term and larger issues relate to how difficult it is to develop and invest in Montreal, but Chinatown in particular has rules about the face of patriotism that make almost any building renovation impossible. Makes it impossible and very expensive.
Our tenants are victims of drug trafficking, homeless people every day and these are the things we really need the city to help us with.
