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Luis's avatar

The Loon raises a fair question: should London keep investing in the existing City Hall, redevelop the site, or move into existing downtown space?

But before we start another big vision, taxpayers should see the whole file.

London has been studying its accommodation needs for years.

Council approved moving ahead with redevelopment of the City Hall campus in 2024.

The City then tested the market. There was strong initial interest, but only two submissions were received and one withdrew. Council cancelled that procurement and ordered a deeper review.

Meanwhile, the City's own budget says major City Hall systems are beyond their expected lifecycle and that capital renewal has been deferred while decisions about the building's future were being made.

So before another study, proposal or shiny rendering, why not put everything on one page?

What has already been studied?

What did those studies cost?

What has already been spent?

What is already committed?

What repairs cannot be avoided?

What would staying cost over 30 years?

What would rebuilding cost?

What would buying an existing downtown building cost?

What would leasing cost?

How much office space does the City actually need in a hybrid-work world?

How much leased space could be eliminated?

What is the market value of the existing City Hall lands?

What housing could realistically be built there?

What would happen to Centennial Hall?

What happens to Reg Cooper Square?

What taxes would new private development generate?

What transition costs would taxpayers carry?

What borrowing would be required?

What is the interest cost?

What is the lifecycle cost?

And perhaps most importantly:

What did we learn from the procurement that just failed to produce meaningful competition?

The question shouldn't simply be:

"Should we move City Hall?"

It should be:

"Which option delivers the required municipal services at the lowest whole-life taxpayer cost while getting the greatest value from the assets London already owns?"

Put STAY, RENOVATE, REDEVELOP, BUY, LEASE and HYBRID side by side.

Same assumptions.

Same time horizon.

Same accounting.

Same taxpayer ledger.

Then let Londoners see the trade-offs.

We've spent years looking at City Hall one decision at a time.

Maybe it's time to measure the whole pile before adding another layer.

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