Rent de­rails Sta­tion fu­ture

Canning Times - - FRONT PAGE - Jaime Shurmer

BUSI­NESS in­cu­ba­tor Busi­ness Sta­tion has told the City of Can­ning it will not con­tinue its lease in Welsh­pool after it ex­pires in Septem­ber, paving the way for the City to look for more prof­itable uses for the site.

The coun­cil dis­cussed a re­port on in­cu­ba­tion ser­vices in the City of Can­ning on July 17 after de­fer­ring the mat­ter three times since March while the fu­ture of Busi­ness Sta­tion was ne­go­ti­ated.

Busi­ness Sta­tion told the City on July 6 it would not re­new its lease.

Busi­ness Sta­tion chief ex­ec­u­tive Kim Charles told the Can­ning Times in June that the City was ask­ing for rent the not-for-profit group could not af­ford.

Coun­cil­lors voted 10-1 to move busi­ness in­cu­ba­tion ser­vices into lo­cal li­braries such as River­ton – which it will soon close for seven weeks for re­fur­bish­ment from Au­gust 3 – and take rent di­rectly from the busi­nesses that had been at the Welsh­pool Busi­ness En­ter­prise Cen­tre. It will al­low all li­censees to be given at least six months no­tice of any re­quire­ment to va­cate if it finds a dif­fer­ent long-term use for the site.

Busi­ness Sta­tion did not feel mov­ing its ser­vices to li­braries would be a good fit.

As man­ager of the WBEC for the past year, Busi­ness Sta­tion had en­abled fledg­ling busi­nesses to en­joy sub­sidised rent. How­ever, this in­cluded some busi­nesses that had been given long-term sub­si­dies.

Lot 800 Mur­ray Street South in Welsh­pool, which the WBEC cur­rently oc­cu­pies, has been val­ued at $13.2 mil­lion.

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