City of Calgary recoups costs after sale of former Kensington Manor site - Calgary | Globalnews.ca

المملكة العربية السعودية أخبار أخبار

City of Calgary recoups costs after sale of former Kensington Manor site - Calgary | Globalnews.ca
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين
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City of Calgary recoups costs after sale of former Kensington Manor site

The City of Calgary says it has recouped all its costs associated with the demolition of an ill-fated apartment complex in the city’s northwest.in November 2017 after an inspection revealed it was at risk of “possible imminent collapse.”

Eventually, city officials took over responsibility of the building and its demolition after the building’s owner missed several deadlines to either fix the building or tear it down.The City of Calgary spent $2.6 million on the demolition of the building, which didn’t begin until April 2020 due to several delays.City officials told Global News the demolition came in $400,000 under budget.

“That was an impressive demolition too, when they finally got it down,” area resident Sam Spooner told Global News. “Yeah, I was happy because it was sitting there doing nothing.” According to city officials, the property went through foreclosure in late 2022 and the city received full payment of all the taxes owed on the property, which included demolition costs.Global News has learned the site was purchased by Maple Properties Inc., a firm that specializes in residential rental buildings and condos.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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