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MattersFinanceFirst seen Oct 4, 2021

2911 West Shore Parkway land sale

Approved

The city authorized the sale of an approximately 3,450-square-metre parcel at 2911 West Shore Parkway to Pavery Holdings Inc. for $870,000. The sale transfers city-owned land to a private buyer and provides proceeds to the city.

Where it stands: Sale authorized Oct. 4, 2021; the Mayor and CAO were authorized to enter a purchase agreement.

Location

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Background

Earlier and later steps of the same initiative.

  1. Mar 15, 2021 – Oct 18, 2021

    2911 West Shore Parkway zoning change

    The change would re-designate 2911 West Shore Parkway from an amenity and park area to a business park area, and allow catering, cultural and charitable facilities. The city identified the unused land as easier to market with commercial zoning; no development proposal is included.

Timeline

Every time this matter appeared in council records, newest first.

  1. October 4, 2021· Council

    City authorized sale of 2911 West Shore Parkway parcel

    Council authorized the Mayor and CAO to enter into a Purchase and Sale Agreement with Pavery Holdings Inc. for the sale of 2911 West Shore Parkway (agenda lists $870,000).

    Decision: Authorized sale of 2911 West Shore Parkway to Pavery Holdings Inc., subject to minor amendments.

    Passed

    Documents