Lazaridis in bid to take BlackBerry private?
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The Wall Street Journal says that BlackBerry’s original big brain, Mike Lazaridis, is going to try to take the beleaguered company private. The journal says Lazaridis is talking to firms including Blackstone Group LP and Carlyle Group LP about making a bid for Blackberry. The report came a day after BlackBerry said it would cut 4500 jobs, or 40 per cent of its workforce, in the face of hefty losses and weak sales of its new handsets. The company has said it is examining “strategic alternatives,” including a possible sale of the company. The website Wired put a best possible spin on things yesterday saying that a leaner BlackBerry could abandon the consumer market once and for all and get rigorous about becoming a niche company focused on a particular customer — one that needs security, control, and a few particular tasks done remarkably well, possibly even as a software rather than a hardware company.
Hey, remember minor hockey is played by kids
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Crothers Woods walk will start at Redway Loblaws
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“Homeowners are okay with alternate-day mail”
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Bayview-Lawrence closures Saturday and Sunday
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2 dead in wrong-way head-on 401 collision
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A horrifying wrong-way accident has taken the lives of two drivers early Saturday on Highway 40 near Pickering. The deadly outcome happened despite the desperate efforts of the Durham police to stop the wrong-way vehicle after they received a 911 call alerting them to the menace. The vehicle, an SUV, is said to have glanced off another car near Harwood Road in Ajax around 2.30 a.m. and then continued until it slammed head-on into a red Mazda near Brock Road. A third car then rear-ended the Mazda. The 25-year-old driver of the SUV and the 33-year-old driver of the Mazda were pronounced dead on scene. The driver of the third vehicle suffered minor injuries. “The witnesses called in saying there was a vehicle travelling obviously in the wrong direction on a controlled access highway and officers from the Whitby detachment immediately responded to try to intercept the vehicle but unfortunately we got there too late,” Sgt. Kerry Schmidt told CP24 Saturday morning. First Capital wins award for Leaside Village
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First Capital Realty has received a Gold Maple Leaf Award for Design and Development Excellence at the meeting of the International Council of Shopping Centres (ICSC). The award recognizes the design of Leaside Village shopping centre on Laird Drive and the public spirited work of restoring the railway maintenance building which now houses Longo’s (inset top). The Canadian convention was held this week at the Metro Toronto Convention Centre. First Capital is a large international real estate investment trust (REIT) which has made purchases locally such as the former CIBC building at 180 Laird Interestingly the former bank remains vacant seven months after it was purchased. Although a modest structure by the standard of 1930s bank buildings, 180 Laird does have a well-preserved coat of arms of the bank’s builder, the Imperial Bank of Canada, over the front door (inset). The building stayed in the bank’s family until this year’s sale even after the Imperial merged with the Bank of Commerce in 1960 to create the CIBC. Some think First Capital’s interest in the building is as a foothold looking toward the redevelopment of the west side of Laird Drive south of McRae Drive. First Capital are also the owners of Hazelton Lanes in Yorkville. BlackBerry cuts 4500 jobs, expenses unsold units
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Trapped men freed on Bayview-York Mills site
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Does Eglinton E reveal car-pooling is a flop?
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Do high occupancy vehicle (HOV) lanes merely create congestion? That’s the view of Michelle Berardinetti (Ward 35). Her sense of traffic on Eglinton Ave. E. is that very few cars can qualify to run in the HOV lanes. Therefore, says the Scarborough Southwest member of council, she wants the lanes eliminated. Berardinetti represents the south side of Eglinton. The lanes were created to encourage car-pooling but has it? “We don’t see any studies produced to say that that works,” she said. “I want to see a report to see if it works. We do many things in the city to improve gridlock, but this is more detrimental.”
Breathtaking dream for Queen and Yonge
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BlogTO has an interesting feature on the Zeidler Architects vision for Yonge and Queen (inset). Here we see the breathtaking transition from the 19th century structure in place to a 65 level residential building. It seems quite unclear as to just how feasible this will be. Re-construction may be required to make the tower sit satisfactorily on the heritage site. It may have to be torn down and become a facade, perhaps. Kristyn Wong-Tam (Ward 27) has also made an apparently sensible complaint about the absence of parking in this concept. Hard to imagine that there is no new parking at all, but that is what is being said. According to BlogTO a recent public meeting “was worryingly devoid of any actual community members” BlogTO



