Library board accepts supply for Frances Morrison department constructing

The Saskatoon Public Library has discovered a purchaser for the constructing housing its present central department; a alternative constructing is predicted to be full in 2026.

The Saskatoon Public Library is working to finalize the sale of the constructing housing its central department in downtown Saskatoon.

A library spokesman confirmed Tuesday in an emailed assertion {that a} purchaser has been discovered for the Frances Morrison Central Library constructing at 311 twenty third St. E.

You are reading: Library board accepts supply for Frances Morrison department constructing

“Whereas Saskatoon Public Library’s Board accepted a proposal for the Frances Morrison Central Library earlier this summer season, particulars are nonetheless being labored out and the deal has not closed but,” he wrote.

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As a result of the deal continues to be to be accomplished, the library didn’t present any data on the id of the client or the value that was supplied for the 78,000-square-foot constructing, which was inbuilt 1966.

Some factors of comparability for a way a lot a possible deal for the constructing might usher in embrace the current sale of Nutrien’s former headquarters at 122 First Ave. S. Business actual property agency CBRE Canada reported in July that it accomplished the sale of the 156,000 sq. foot tower for $13.5 million.

A 24,000 sq. ft. constructing inbuilt 1929 at 279 Third Avenue North is at the moment listed at $5.5 million.

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In late 2016, the 64,000 sq. ft. Saskatoon Police Service headquarters on Fourth Avenue bought for $10.7 million. That constructing was inbuilt 1977.

The library has beforehand launched updates on the brand new constructing’s design after rounds of public session, most not too long ago in January, when it launched the schematic designs for the construction.

These have revealed plans for a four-level constructing meant to evoke a standard First Nations teepee, with a sloping exterior of modular panels in a basket-weave sample. The inside timbers are supposed to reference a Métis-style log cabin.

The library is predicted to ship a neighborhood replace on the brand new central department mission someday subsequent month.

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