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Madison Pacific Properties Inc T.MPC

Alternate Symbol(s):  MDPCF | T.MPC.C

Madison Pacific Properties Inc. is a Canada-based company, which owns, manages and develops commercial real estate assets. These industrial, retail, residential and office assets are located in British Columbia, Alberta and Ontario. The Company’s investment portfolio comprises 55 properties with approximately 1.9 million rentable sq. ft. of industrial and commercial space and a 50% interest in seven multi-family rental properties with a total of 219 units. Approximately 91.25% of available space within the industrial and commercial investment properties is leased and within the multi-family residential properties, 98.2% is leased. Its development properties include a 50% interest in the Silverdale Hills Limited Partnership which owns approximately 1,405 acres of primarily residential designated development lands in Mission, British Columbia. Its portfolio includes 1919 W 8th Vancouver, British Columbia and 1873 Adanac St. Vancouver, British Columbia.


TSX:MPC - Post by User

Post by undervalueon Oct 07, 2024 12:04pm
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Post# 36256202

24 million for School lands.

24 million for School lands.

Lastly, a pair of sites in the development-heavy Silverdale Central Neighbourhood would cost a total of $24 million for the district to require. 

The submissions would be for consideration in the province's 2025-2026 five-year capital plan. The district listed the projects in order of priority, with the Albert McMahon expansion as the highest need. That was followed by the new Cedar Valley school, the Hatxic replacement and site acquisition, and the Silverdale site acquisitions. 

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