Library board accepts offer for Frances Morrison branch building

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Library board accepts offer for Frances Morrison branch building
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The Saskatoon Public Library has found a potential buyer for the building housing its current central branch.

A library spokesman confirmed Tuesday in an emailed statement that a buyer has been found for the Frances Morrison Central Library building at 311 23rd St. E.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

Some points of comparison for how much a potential deal for the building could bring in include the recent sale of Nutrien’s former headquarters at 122 First Ave. S. Commercial real estate firm CBRE Canada reported in July that it completed the sale of the 156,000 sq. foot tower for $13.5 million.Article content

In late 2016, the 64,000 sq. ft. Saskatoon Police Service headquarters on Fourth Avenue sold for $10.7 million. That building was built in 1977.new central branch at 301 Second Ave. N. The library has previously released updates on the new building’s design after rounds of public consultation, most recently in January, when it released the schematic designs for the structure.Article content

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