Land sold in North Dryden business parks

News — 28 January 2011

The City of Dryden announced at the Jan. 17 open council meeting that two properties had been sold in the new subdivisions in North Dryden.

Council has entered into an Agreement for Offer to Purchase with Aeroterm Management Company for the sale of one parcel in the Norwill Subdivision and one property in the Centennial Business Park.

The developer is a company known as Real-Flex Business Parks. Real-Flex is a Canadian company dedicated to developing, leasing and managing sustainable, affordable business parks that contribute to the success of tenants and increase the prosperity of the communities where they are located.

Both parcels are two acres in size, and the offers are in the amounts of $25,000 per acre in the Norwill Subdivision and $30,000 per acre in the Centennial Business Park.

Vicki Kurz, Economic Development Manager for the Dryden Development Corporation (DDC) says the DDC will begin joint marketing strategy outside of the city.

“We’re looking for new investment that’s looking for space to go into these,” says Kurz.

Real-Flex is proposing to develop an 18,000 square foot building in each of the subdivisions.

“The one in the commercial business park will be retail and the one in the industrial park is strictly industrial,” relays Kurz.

The buildings are designed with roof top solar panels that are designed to qualify under the Ontario Power Authority (OPA) Feed-In-Tariff program.

These Offers to Purchase have several conditions, including the developer securing approval to qualify under the OPA program and a contract with the OPA. Kurz feels this will be a long process, but is hopeful that the process is more streamlined considering the amount of rooftop applications submitted to OPA.

The conditional period for these offers is five months after the acceptance date of the offers. The offers include a five per cent deposit which is refundable to the purchaser should the conditions of the offer not be met.

By Ally Dunham

By Chris Marchand Concerned taxpayers will soon get what they’ve long been calling for — a chance to look at the financial picture of the Dryden’s Municipal Telephone Service and Mobility ...

Unease lingers in council over tone of debate

By Chris Marchand Councillor Mel Fisher spoke at length, March 12 on his views that city council is promoting a culture of negativity in its political churnings of late. In the matter ...

Municipal budget approved

Following months of drafts and revisions, Dryden city council approved the 2011 capital and operating budget at a special meeting of council on April 4.With all in favour of the ...

Wintle takes decisive win in Dryden byelection

Former Dryden Mayor Sid Wintle earned a decisive win as the unofficial results of the city of Dryden's vote-by-mail byelection for a vacant council seat were tallied, May 14. The unofficial ...

City’s debt level at $24 million

Councillors hear auditor’s report on 2010 financial statements, May 4 By Lindsey Enns Financial statements from the year 2010 were revealed to the public in a special City Council meeting, May 4, ...

Re-branding a part of city strategic plan

By Lindsey Enns The theme of the initial stage of a new strategic planning strategy for the city of Dryden is all about moving forward. “We want to know what’s important to ...

City posts DMTS financial statements

The city of Dryden posted the 2011 financial statements for the Dryden Municipal Telephone System and Dryden Mobility, Tuesday morning. Click the links above to navigate to the financial statements. The statements ...

Wintle, Delaney join byelection race

By Dryden Observer Staff The race for a single seat on Dryden City Council has grown to seven candidates as the deadline for nominations draws near, March 30. Former Dryden Mayor Sid ...

Chuck Schmitt joins council race

By Dryden Observer Staff Local resident Chuck Schmitt has joined the race for a vacant seat on Dryden City Council. Schmitt, well known to the community in his position as a physician ...

Four candidates step forward for council byelection

By Chris Marchand Former city councillor Mike Wood’s vacant seat on Dryden City Council is proving to be a sought-after post. Thus far, four local candidates have officially filed the prescribed forms ...

City to release DMTS financials early next week