http://edmontonjournal.com/business/commercial-real-estate/paula-simons-ukrainian-museum-to-sell-heritage-brighton-block-to-local-developer-ken-cantorPaula Simons: Ukrainian museum to sell heritage Brighton Block to local developer Ken Cantor
The long-derelict Brighton Block — a Jasper Avenue heritage landmark — may soon have a new owner. And a new future.
The building’s current owner, the Ukrainian Canadian Archives and Museum of Alberta (UCAMA), has just come to an agreement to sell the 1912 building to Edmonton businessman Ken Cantor and his company, Primavera Development Group.
The list price for the property at 9666 Jasper Avenue was $2.35 million, but Cantor and UCAMA won’t reveal the final price until the sale closes in April.
The deal, Cantor says, is still conditional on getting support from the city for his plans. He’s not asking for any grant money, he says. He does want the city to allow him to add a fourth floor to the three-storey building and to create a few more rear parking stalls.
“It’s a classic building,” says Cantor. “We’re not doing this willy-nilly. We want to do this right.”