Col­lege buy­ing up prop­er­ties

The Guardian (Charlottetown) - - THE ISLAND -

Hol­land Col­lege con­tin­ues to snap up prop­er­ties for fu­ture needs.

Work will soon be­gin de­mol­ish­ing seven prop­er­ties at the cor­ner of Grafton and Cum­ber­land streets to make way for a new 80-bed stu­dent res­i­dence.

The col­lege is also bor­row­ing $800,000 from the P.E.I. gov­ern­ment to buy two ad­di­tional prop­er­ties on Kent Street.

“That is for fu­ture pur­poses for cam­pus de­vel­op­ment for Hol­land Col­lege,’’ said Justin Dunn, di­rec­tor of fa­cil­i­ties man­age­ment. “Cur­rently . . . I be­lieve one is a sin­gle fam­ily dwelling and the other is more res­i­den­tial, as well, but has been rental units in the past.’’

Hol­land Col­lege al­ready owns a num­ber of his­toric prop­er­ties along the Kent Street sec­tion of the cam­pus.

“Those prop­er­ties are very strate­gic prop­er­ties for us where they’re lo­cated. We own a lot of the other prop­er­ties on that street so when the op­por­tu­nity came up it just seemed to make sense.’’

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