[IanO]

As was rumoured, the UofA is in the process of selling off excess property or land not for its core use. This includes other assets/land as well.

The undeveloped lot on 112st/84ave east of the hospital was just sold for ~$5 mil.

Newton Place is for sale.

More to come...

 

[OverheardatYEG]

Oufff they're definitely a substantial amount of properties which should be on this list and ready for sale. Keep us posted as you hear of anything. I'll keep an eye out as well.

 

[_Citizen_Dane_]

On that topic, do we know what's going on with Michener Park? Obviously it's in the process of demolition, but does the University have any plans for the site or is it going to be sold off?

 

[IanO]

I'd wager that they sell the land to a private developer.

 

[northlands]

After reading how there's a billion dollar deferred maintenance deficit going on, makes sense to try to shed some weight.

 

[archited]

I recall a newspaper article from some while back saying that the University was going to shed the Michener property.

 

[Guy 1]

A bit surprised about Newton Place - I would've thought it would be a money maker for the university (aside from this year obviously). Perhaps there's a big maintenance bill looming?

 

[IanO]

Deferred maintenance and they should be focussing on Lister et al.

 

[bobliver]

I guess that's still a rumour. My cousin's brother, who lives there, indicated things would be sorted soon. But by sorted, I don't know if he meant they would be given an alternate solution. The last time when I spoke to him, he was feeling all good. The condos constructed there are pretty up to the mark and cannot be reinstated, he says. It's a roof to many people, and the authorities won't execute such plans. Anyway, let's see.

 

[northlands]

EDIT: oops, I see this was posted elsewhere, but I would surmise still applies here anyhow

Saw this on Reddit, unsure where this is actually taken from (some U of A document) but looks like Michener Park isn't the only notable structures they plan to demo.

 

[Guy 1]

I wonder how much interest they'll get on the MacTaggart property. That's a big ol' chunk of land for a private residence.

 

[IanO]

Purchase and subdivide.

There used to be a boathouse...

 

[Guy 1]

Would be a shame if the main house is demolished. I'm sure it's not in the greatest shape now, but was is a stunning piece of 50s architecture. Certainly one of a kind in the region.

 

[IanO]

Unsure of the bones, but it presented well a couple of years ago when it hosted the UofA President's Christmas bash.

That said, it most certainly needs some love, has many tales I am sure and should be retained.

 

[_Citizen_Dane_]

^I mentioned it in passing quite awhile back in the Aga Khan thread, but it looks like the UofA's done (or doing) some work on Soaring House, at least according to Thinkspace's website:

I hope they take the same approach with the Soaring House (another Modernist house from the 60s), which is within the COE boundary and is much more accessible.

It seems like they may have already started?

Soaring House Renovations - thinkspace architecture

The Soaring House is a residential building on a large private gated lot overlooking Edmonton’s river valley. The property, with an estimated value of $35 million, was bequeathed to the University by the late Sandy MacTaggart and his wife Cecile. Mactaggart was one of the owners of MacLab...

www.thinkspace.ca