The City of Prince George is seeking a developer to buy the Studio 2880 property.
The property is located at 2820 and 2880 15th Avenue, and the City is asking $1.5 million less demolition costs.
According to the City, the redevelopment under the new owner is to encompass a mixed-use building up to six storeys, providing a space for arts on the ground floor and housing on the upper floors.
Additionally, the City said the new owner is also to ensure the long-term occupancy of the current tenant, the Community Arts Council (CAC), within the first floor of the new building.
“The CAC has a long-standing history on the site and is a staple for arts in Northern B.C.” said Director of Planning and Development Deanna Wasnik. “The rezoning and disposition of this property allows the City to meet two goals: increase the local housing supply and ensure the CAC can continue delivering arts and culture programming from the space that has been integral to the organization for decades. The City has worked closely with the CAC through this process.”
Interested parties can access the Request for Expression of Interest on BC Bid and Bids and Tenders, which provides comprehensive background and requirements for potential buyers.
These submissions will close on September 4 at 2 p.m.
Earlier this year, Prince George City Council rezoned the property in question, allowing for the mixed-use development to move forward.
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