Medium PriorityDevelopmentopen

Proposed acquisition of 259 University Ave. W.

Summary

The city is eyeing the purchase of a property on University Avenue in Ward 1, likely for future redevelopment. This was just the introduction.

At a glance

Last discussed Jun 3, 2026.

💰Financial impact

The purchase price and funding source weren't detailed in this introductory presentation.

✅Who benefits

Residents of the surrounding Ward 1 neighborhood, depending on what the city does with the property.

The city is eyeing the purchase of a property on University Avenue in Ward 1, likely for future redevelopment. This was just the introduction.

A city purchase here could set up future redevelopment along the University Avenue corridor.

We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.

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