The Brandon Real Estate Board is on the move after selling its Princess Avenue headquarters to Renaissance Brandon for an undisclosed sum.
The real estate board’s offices will move to a strip mall at 857 18th St., near the corner of 18th Street and Park Avenue.
“We’ve done a few renovations to meet our needs there and we’ll stay there for a year or two years,” said Brandon Real Estate Board president Michael Barrett. “We’re searching for a place to reinvest and call home again.”
In a press release, Renaissance Brandon said it was the second purchase as part of an attempt to assemble a larger parcel of land for an overall development plan for Ninth Street.
Renaissance Brandon chairman Shaun Cameron said that the concept of attracting a destination venue to the Downtown HUB area is one step closer to reality with the purchase of this property.
The first purchase was the parking lot used by the former Brandon Inn. The former hotel is also part of that parcel and was acquired last year through tax sale proceedings.
The downtown development corporation will now seek to demolish the Brandon Real Estate Board building and conduct environmental testing to ensure the whole site can be offered for development as a clean site.
“With the right development project on this prime site, we can tie our recreational corridor along Princess Avenue with our entertainment and shopping corridor along Rosser Avenue,” Renaissance Brandon’s downtown specialist Braden Pilling said in the press release.
Renaissance Brandon said in a press release that it received $227,500 from the provincial government “for this project.”
While the Brandon Real Estate Board headquarters is moving out of the downtown core area, they could return if the right opportunity presents itself, Barrett said.
“It would be nice to be downtown, but we don’t necessarily have to be downtown, in the Renaissance district or the entertainment or hospitality district,” Barrett said. “We’d certainly entertain going back downtown, if we could get the land zoned properly for what our needs are there. We don’t need 18th Street profile or traffic, but it’s good to have some profile and presence in the community.”
Barrett said the Brandon Real Estate Board is a not-for-profit group that advocates for members, primarily realtors, and to promote the MLS listing service as well as enforcing codes of conduct and professional standards.
Republished from the Brandon Sun print edition October 19, 2012