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City bought $2.1M in land in 2016

Most purchases were for drainage or for The Kingsway widening project
money
Greater Sudbury bought more than $2.1 million worth of property in 2016, while selling land it no longer needs brought in about $293,500. Supplied image.

Greater Sudbury bought more than $2.1 million worth of property in 2016, while selling land it no longer needs brought in about $293,500.

The city's real estate department details the transactions in a report headed to the city's planning committee on Monday. 

The biggest single purchase last year was $1.1 million for parkland on Ramsey Lake Road. Another $375,000 was spent on property on Kelly Lake Road for a future rock tunnel. Several purchases were for property needed for drainage work.

But much of the money went towards buying property for The Kingsway widening project: $345,000 for land on Barry Street;  $220,000 for land on The Kingsway; $162,000 on Cochrane Street; $124,000 for land on Lloyd Street; and, $109,000 for land on Mont Adam Street.

On the books since 1998, the project aims to improve traffic flow and road alignment on The Kingsway between the end of the Brady Street Extension and Laking Toyota. The project would widen The Kingsway to a five-lane section (including a center turn lane) and revise the alignment to straighten curve in the road. The cost is estimated at $24 million.

A motion from Ward 5 Coun. Bob Kirwan in January to stop purchasing property for the project was defeated. Kirwan argued that with the existing infrastructure deficit already in the hundreds of millions, the project may never happen.

But other councillors said the project was important long term, and offered a change to improve The Kingsway, one of the busiest roadways in the city.

At that meeting, Keith Forrester, who handles real estate for the city, said there are 51 properties that still have to be acquired, a mix of single family homes and apartments.

Read the full report here.
 


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