The federal government has actually included 2 homes in Nova Scotia to the Canada Public Land Bank as component of its nationwide real estate strategy.
A launch claims that “whenever possible” the homes will certainly be become real estate with a long-lasting lease “to support affordable housing and ensure public land stays public.”
It additionally revealed one more 4 homes– 2 in Ontario, one in Quebec and one more in the Northwest Territories– will certainly be included in the financial institution.
The homes in Nova Scotia are the New Glasgow Armoury and Shannon Park inDartmouth The last is meant to be redeveloped as a neighbourhood with 3,000 residential units, 600 of which will certainly be cost effective real estate.
Shannon Park in Dartmouth has actually additionally been included in the government land financial institution. (Brian MacKay/CBC)
The New Glasgow arsenal enclosed 2016 because of its problem.
Lisa MacDonald, New Glasgow’s primary management policeman, stated she thinks there’s “quite a bit of potential” in the residential or commercial property because of its midtown area.
“It could be an ideal location for a mixed-use development that would have commercial opportunities on the main floor as well housing on the above floors,” MacDonald informed CBC’s Mainstreet Nova Scotia.
She stated it has actually been tough to keep the residential or commercial property given that it ended up being excess.
‘We do have a real estate lack now’
MacDonald stated the community deals with obstacles in offering a series of real estate choices, consisting of low-income, cost effective and premium real estate.
“We do have a housing shortage right now and we also are trying to diligently improve our rental housing because some of the conditions of those rental properties are really not in suitable condition for humans to live in,” she stated.
New Glasgow Mayor Nancy Dicks informed Mainstreet Nova Scotia that the structure is simple to take down and has no historic value.
“The Halifax Armoury, I can certainly understand the value in restoring that,” statedDicks “I don’t see this in this building.”
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