Parliament Oak for sale, ‘Here we go again,’ resident says: March 2, 2022 Niagara Now article
A March 2, 2022 Niagara Now article is entitled: “Parliament Oak for sale, ‘Here we go again,’ resident says.”
An excerpt reads:
The former Parliament Oak school site at 325 King St. is officially for sale – again.
“Who knows where this can end up at the end of the day,” Old Town resident and Preserve Our Special Town founder Alan Gordon said in an interview Wednesday.
“In some ways it’s good news and in some ways it’s, well, here we go again.”
Gordon’s group was a vocal opponent of the Liberty Sites (3) Ltd.’s proposal for a 71-unit apartment building and a handful of semi-detached and single-family homes for the location.
Liberty Sites is selling the property through CBRE Group Inc., vice-president Steven Davidson confirmed with The Lake Report on Wednesday.
Davidson said Liberty Sites did not wish to divulge information to the media regarding the sale.
CBRE Group would not confirm the sale details but a source told The Lake Report it was around $15 million.
The District School Board of Niagara originally sold the property in 2018 to Liberty Sites for about $4.9 million.
That sale process sparked controversy because the Town of Niagara-on-the-Lake also wanted to purchase the site but the school board opted to sell it to the developer.
Development of the Parliament Oak property has been the centre of controversy after Liberty Sites proposed a three-storey apartment building for the site.