Architectural landmark deserves responsible developer: Seller

Peterborough This Week

PETERBOROUGH -- Dr. Jenny Ingram still wants to see the former YMCA building in downtown Peterborough redeveloped, she's just not the right person for the job.

After spending seven years investigating the historic building's potential to house a mix of commercial and residential space with a group of like-minded individuals, she put it up for sale in January. While her dreams for the property haven't changed, she realized the group didn't have the right skill set to see the project through.

At the same time, she has more work-related responsibilities on her plate, she says.

"The biggest thing that's changed for me, is that the geriatrics services that I work in were not available then," she says. "Over the last seven years the Local Health Integrated Networks and government have invested heavily in community-based geriatric services, and they require my attention."

READ MORE: Owner put her 'heart and soul into vision for former YMCA building

Last summer and fall she says an outside group was interested in helping the team working on the building with the redevelopment. She says the team came close to settling on a plan to move forward, which included rebuilding a portion that didn't require maintaining heritage features. While she didn't get into detail, the outside group wasn't interested and she began talking with realtors in December.

Still, she says the building can support residential and commercial space. She hopes to see a developer take on the project and bring the building up to its full potential.

"It's important to the city and it's important to the community at large," she says.

The 107,600-square-foot building, located at George and Murray streets, is listed for $1,475,000. While she bought the building from the YMCA for $1, she says she's not looking to make any money from the sale.

Originally posted here:
Architectural landmark deserves responsible developer: Seller