Sault ramping up marketing of vacant industrial land
A push by the City of Sault Ste. Marie to sell off industrial land will soon begin in earnest.
The city’s economic development committee is meeting with its legal team and a Realtor as it ponders the best means of advertising the lands to potential buyers, while guarding against speculators.
During a recent committee meeting, it was decided the lands will be posted on MLS listings, which is a first for the city. And in an effort to deter speculators, the committee wants to add a stipulation that something must be built on the land within one year of purchase.
The lands being discussed are currently vacant, with no structure on the site.
Mayor Matthew Shoemaker said with a number of former institutional properties sitting vacant, it’s important buyers actually do something to develop the land.
“Out-of-town investors have bought up these properties -- nothing’s happened with them,” Shoemaker said.
“The old hospital is an example, the old St. Marys Paper site is an example, and there were a number of schools where they were just falling into disrepair and no investment being put into them, and that we do not want to see.”
Meantime, the economic development committee said more details on the endeavour could be announced next week.
CTVNews.ca Top Stories
From outer space? Sask. farmers baffled after discovering strange wreckage in field
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
Broadcaster and commentator Rex Murphy dead at 77: National Post
The National Post is reporting that Rex Murphy, the pundit and columnist who hosted a national call-in radio show for decades, has died.
Pearson gold heist suspect arrested after flying into Toronto from India
Another suspect is in custody in connection with the gold heist at Toronto Pearson International Airport last year, police say.
Millions of cyberattacks per hour as B.C. government investigates multiple breaches
Careful attention to government statements and legislation is required to get a handle on the level of risk British Columbians’ information is under, as investigators probe multiple breaches under a continued barrage of attacks.
Ontario family receives massive hospital bill as part of LTC law, refuses to pay
A southwestern Ontario woman has received an $8,400 bill from a hospital in Windsor, Ont., after she refused to put her mother in a nursing home she hated -- and she says she has no intention of paying it.
Debate on abortion rights erupts on Parliament Hill, Poilievre vows he won't legislate
A Conservative government led by Pierre Poilievre would not legislate on, nor use the notwithstanding clause, on abortion, his office says, as anti-abortion protesters gather on Parliament Hill.
Justin and Hailey Bieber are expecting their first child together
Hailey and Justin Bieber are going to be parents. The couple announced the news on Thursday on Instagram, both sharing a video that showcases Hailey Bieber's growing belly.
Here are the ultraprocessed foods you most need to avoid, according to a 30-year study
Studies have shown that ultraprocessed foods can have a detrimental impact on health. But 30 years of research show they don’t all have the same impact.
New 'Lord of the Rings' film coming in 2026
The Oscar-winning team behind the nearly US$6 billion blockbuster 'Lord of the Rings' and 'The Hobbit' trilogies is reuniting to produce two new films.