CBRE is promoting old hospital site for development
By
Mark Schadenberg
The
site of the former Woodstock General Hospital on Riddell Street is on the
market and is listed by CBRE.
It’s
been discussed in this space previously, but the plan is to sell the land to
one or more residential builders and for the acreage to be developed into both
low and medium density homes. This translates into nothing higher than likely a
3-storey structure, but more likely a mix of townhouses and detached homes.
Always
always always keep in mind that site plan and subdivision proposals must eventually
(later) also get the blessing of the good folks on city council.
If
you stare long enough at the listing posted by www.cbre.ca (historically
called CB Richard Ellis), you will note that the parcels are on both sides of
Riddell Street in the blocks surrounded by Brant and Vincent streets.
Land is two parcels
As
this process has been in the works since before the aging healthcare facility
closed its doors in November of 2011, both the city and county councils have rezoned the property (about 8.4 acres;
6.4 acres on hospital site and 1.97 acres across street in previous staff
parking area) from community facility to low/medium density use. However, a
nursing home, private school or even a church could qualify under this
designation.
It will be interesting to
watch this process continue in its evolution as the time needed to tear down
the olde buildings has only been a small fraction of the ‘new look’ planned. Parts
of the former hospital dated back to the 1800s and the demolition (contract was
awarded to Priestly Inc by the Board Of Trust) has included salvaging or
recycling as much as possible.
The actual selling of this
vacant land with the assistance of CBRE (with the offers considered by the
hospital board of trust) will be by a modified tender submission with the deadline
of August 15.
The CBRE contact is broker Kevin
MacDougall at (519) 673-6444.
()()()()()()()()()()
A
Woodstock Hospital background press release
LINK:
http://www.wgh.on.ca/wgh/index.php?option=com_content&view=article&id=557&Itemid=327
Woodstock
Sentinel-Review story
LINK:
http://www.woodstocksentinelreview.com/2013/07/03/woodstock-general-hospital-property-officially-on-the-market
Mark
Schadenberg
Sales
Representative
Royal
LePage Triland Realty
757 Dundas
St, Woodstock
(519) 537-1553,
cell or text
Email:
mschadenberg@rogers.com
Twitter:
markroyallepage
Discussion
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