
City going ahead with Stonebridge purchase
Grande Prairie’s Stonebridge Hotel will be converted into permanent supportive housing hub.
Council voted in favour of several motions related to the idea at Monday’s meeting, including approval of a development permit and adding $15.5 million to the 2021 capital budget to buy and renovate the hotel and conference centre into the proposed Coordinated Care Campus.
That breaks down to a purchase price of $12.5 million and $3 million for renovations.
Council has given first reading to a borrowing bylaw for that purchase. Second and third reading will come at a future meeting.