Town Acquires Prime Downtown Collingwood Property
The Town of Collingwood has officially acquired the downtown Collingwood property, 84 Hurontario Street. This vacant property is located across from the Collingwood Town Hall.
Collingwood Town Council was approached by the Downtown Collingwood Business Improvement Area (BIA) Board of Management to consider acquiring 84 Hurontario Street when it was listed for sale earlier this year. The property was identified as an important parcel in the downtown core, linking Hurontario Street and the Pine Street parking lot, which could be an ideal setting for a ‘market square’ type of use.
On August 18th, 2022, Council authorized Staff to enter into a purchase and sale agreement with the property owner and undertake the necessary due diligence. The Town and the seller finalized and closed the transaction today, October 28, 2022. “This is a valuable parcel of land for the future of our vibrant and historical downtown. As the Council representative on the BIA Board of Management that made the initial recommendation to Council, I was pleased to see the support and collaboration from Council to pursue the acquisition,” says Mayor Keith Hull. The Town has not made any commitments regarding the future use of 84 Hurontario Street, which will be a matter for the new Council to review and determine. In the interim, the Town will consult with the BIA regarding the clean up and activation of the land until a final decision is made.
The Town acquired the lands for $1,700,000 including the receipt of a $100,000 charitable donation from the seller ‘Mon Desir Canada Inc.’ to the Town of Collingwood.
The Town of Collingwood is a progressive community located in the heart of a four-season recreation area on the southern shore of Georgian Bay. The area is well known for its many natural amenities and its rich heritage. Collingwood is a destination for tourism and many business, sporting, and cultural events Collingwood acts as gateway to the South Georgian Bay region, with stunning landscapes that encourage an active lifestyle, and inspire the local arts and culture community. Downtown Collingwood might just surprise you with 30 plus restaurants, 60 plus boutique shops, spas for relaxing, live music for grooving…all in the only downtown core recognized in Canada’s Registrar of Historic Places! More recently, the harbourfront area is emerging as an extension to the downtown district. Plans for expanding the amenities and events in the harbourfront area promise to make this a much more prominent tourism destination.