It seems the notion of selling former industrial land, even when itB次元官网网址檚 cleared and doesnB次元官网网址檛 need remediating, is tougher than it looks.
The Town of View Royal has had the Island Highway property that formerly housed the old fire hall on the market since the middle of last year and has yet to wrap up a deal.
With no takers on the original price tag of $1 million, B次元官网网址淲eB次元官网网址檝e adjusted the asking price,B次元官网网址 said Town administrator Kim Anema. He added that offers are coming in for the .162 hectare (.40 acre) property, which is now listed at $890,000.
B次元官网网址淭he process for an offer requires a lot of due diligence once an offer is put on the table,B次元官网网址 he said. B次元官网网址淚 think weB次元官网网址檇 like to conclude a sale this year.B次元官网网址
The decommissioned fire hall was demolished last October, while the new hall opened last spring. The zoning on the land was changed to multi-family after the hall closed down, meaning a developer could put up a multi-unit residential building, townhomes or single-family detached homes.
The trend in View Royal in recent years has been to group homes together in strata situations.
editor@goldstreamgazette.com