‘It could be up to a million dollars, which doesn’t buy you a lot today,’ says Coland Development Corp co-owner regarding renovations and repairs for the recently purchased health facility in Midland
A Toronto-area developer wants to improve the condition of a ‘very important’ building to the community.
The Huronia Medical Centre at 240 Penetanguishene Road is undergoing repairs to its carport, renovations to its exterior, and possibly more, anticipated to cost up to $1 million when completed.
David Colagiacomo, co-owner for Coland Developments Corporation Inc., noted that the facility, which hosts medical services and local physicians, is essential to the community.
“Basically, that building is not in the best of shape,” stated Colagiacomo. “It’s apparent from the car port to the siding to the lighting. It’s one step at a time.
“Right now we’re concentrating on fixing up the outside, and then eventually we will get into the inside, the common areas, washrooms, and those things.”
Coland purchased the building for an undisclosed sum earlier this year when it entered into receivership. Colagiacomo stressed the importance of the medical services as well as community relations in regards to the facility’s upkeep, access, and reliability for residents.
“That building is very important to the community. It’s a very busy place.
“We have a lot of developments (in Midland) that are on the go right now with the Town of Midland, in approval stages we’re trying to get through,” said Colagiacomo.
“We’re really invested in the community and we want to make sure that (it’s understood), we’re not just developers coming in and changing the dynamics of the community or anything like that. We work with the mayor, with the councillors, we make sure everybody’s on the same page.”
Costs for capital projects are a concern, both locally and globally. Many municipalities are looking to tender bids early in advance of expected increases to capital expenditures. Colagiacomo noted that the work being done on the Huronia Medical Centre was not as large as it sounds.
“It could be up to a million dollars, which doesn’t buy you a lot today; I know it seems like a lot, but it doesn’t buy you a whole lot today. Things have gotten really expensive out there.”
The completion for the repairs is anticipated for the end of this year.