Wit Ventures: Seasons Retirement Communities Acquires Three More Properties.

Thursday, 2 November 2017

Seasons Retirement Communities Acquires Three More Properties.

From Cathy Dobson, The Sarnia Journal.

The Oakville-based company that intends to redevelop Bayside Centre into an assisted living retirement residence has purchased three buildings on Christina Street between George and Lochiel.

“I can confirm that Seasons (Retirement Communities) has acquired the three properties on Christina Street and these will form part of our overall master plan for the Bayside Mall,” CEO Rick Smyth told The Journal.

The project is still in the planning stages so details won’t be available until next year, Smyth said.

Sarnians learned six months ago Seasons had purchased the 3.5-hectare (8.5-acre) mall property in the centre of the downtown. Opened in 1982 as the Sarnia Eaton Centre, the mall thrived, fell on hard times when Eaton’s closed, and slid as occupancy rates fell to 30% and lower.

Numerous owners and wannabe owners have announced redevelopment over the years, but it wasn’t until April and the Seasons purchase that downtown boosters grew optimistic.

Link to the rest here.

Images. Google Maps/Google Streetview

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Shirley D. Neal

Shirley has over 30 years of experience in such diverse businesses as financial planning, manufacturing, and supply. Her education includes a B.A., B.ED., M.ED., C.F.P., N.L.P. and the home inspector’s course as well as having her AZ license for five years. Her family home has given her and her husband the opportunity to do extensive renovation and repairs thereby increasing the value about $100,000 in ten years. She has been able to see firsthand how much a sensible and cost efficient renovations can add to the value of a home. Shirley has chosen joint ventures because she thinks that her experiences an help others achieve their goals and maximize the profits for both parties. In 1979, Shirley became involved in a small group of women who started a metal manufacturing company making small deep drawn metal parts for the automobile companies in Windsor. They took the company from start up to over $400,000 in sales in five years. That was a lot of parts since the parts sold for only five cents per each. In 1985 they sold the company to one of their customers. Whether it was selling mutual funds, teaching foster parents how to recruit foster parents, or working for Tony Robbins, Shirley has put more than 100 percent into every endeavour she was involved in.