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Chokecherry Parking Lot Sold to Private Developer

Post Date:11/05/2018 7:39 PM

Medicine Hat – At the November 5 meeting, Medicine Hat City Council approved the sale of 403 Second Street SE, also known as the Chokecherry Parking Lot, to an adjacent owner. The proposed closing date of the sale will be December 3, 2018, whereby ownership will transfer to the new owner.

“During the Strategic Planning Session in 2018, City Council identified six priorities to determine how the City of Medicine Hat would operate business day to day, one of which is Economic Vitality,” says Grant MacKay, Manager of the City’s Land and Business Support department. “This property is surplus to the City’s land development strategy and not required for future municipal purposes. Selling it supports private development in the downtown area which is a positive for our community.”

Under the umbrella of the Financially Fit Initiative, Council and Administration are looking at ways to consolidate the organization’s property investments and ensure that the best value is obtained for residents and businesses while encouraging private sector redevelopment. 

“While the sale of this property creates the need to discontinue issuing parking passes for the Chokecherry Parking Lot as of November 30, 2018, there remains several underutilized City-owned parking locations available for public use in the downtown”, says MacKay. These lots include the Transit Terminal Parkade, Linden Lot (across from City Hall), Cottonwood Lot (kitty corner from City Hall) and the Esplanade surface and underground lots.

Chokecherry parking pass holders with a December 2018 permit will be offered a refund or alternative parking options.

For more information on the City's downtown public parking, please call 403.529.8318. Other parking opportunities may exist in privately owned parking lots which may be contacted directly.

 

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For more information or media inquiries

Grant MacKay
General Manager, Land & Business Support
403.529.8144

 

 

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