Work set to start on former Edmonton hospital and eyesore
A 20-year wait may be ending for Inglewood residents who live with the derelict former Charles Camsell Hospital in their neighbourhood.
Developer Gene Dub says construction will start this summer on the long-awaited redevelopment of the site that neighbours call an eyesore, now that the $6-million job of removing asbestos from the building appears be complete.
This time is different than previous false starts, says Dub, who, along with a handful of investors, bought the property for $3.6 million in 2004. They were unaware of the extent of the asbestos contamination that would cost six times more than expected and take years longer to remove. The process has been so lengthy that of the original eight investors, four remain.
Dub is expecting a report from an environmental engineer showing the remediation of the 1960s-era hospital is complete. That will enable the company to apply for construction financing.
“When we get that final report, it will be a great day,” Dub said Friday.
Dub and his partners want to develop a 594-unit, $200-million housing complex at the site, including the first phase of 211 condominium apartments and townhouses.
The development will eventually include single-family homes, two towers the same height as the Camsell and several four-storey buildings.
Full Story (Edmonton Journal)
Working on getting most recent renders and other details.