The View on Fifth

The View on Fifth
General information
Type Residential
Location 320 Fifth Avenue North
Saskatoon, Saskatchewan, Canada
Coordinates 52°07′55″N 106°39′23″W / 52.1318449°N 106.6563517°W / 52.1318449; -106.6563517 (Milroy Apartments (Calgary))
Completed 1968
Height
Roof 67.1 m (220 ft)
Technical details
Floor count 22
Lifts/elevators 2
Design and construction
Developer Viking Developments
(2008 redevelopment)

The View on Fifth, formerly the Milroy Apartments, is the fifth-tallest building in Saskatoon, Canadian province of Saskatchewan, and located in the Central Business District.[1] The building was originally constructed as rental units in 1968.

Condo conversion controversy

In 2008, the Milroy Apartments building was sold by Kabo Developments to Viking Developments, who applied to the city for permission to convert the building into condominia. Because of the large number of senior citizen tenants who could not afford to purchase condominium units, the proposed conversion generated a public outcry.[2] As a result, the developer agreed to retain ownership of 40 of the 156 units to be rented out to existing tenants for the following four years.[2]

Following the approval of the conversion by the city council, residents tried unsuccessfully to block it in the courts.[3][4][5] The residents withdrew their appeal, settling with the developer under the condition that some long-term residents would receive lifelong leases at prevailing market rates.[6]

Post-conversion

The building was renovated at a cost of CDN $6 million[7] and was renamed The View on Fifth. Some of the units are rented out by Premium Executive Suites as extended-stay hotel suites.[8]

See also

References

  1. ↑ "Milroy Apartments". Emporis. Retrieved 2011-02-26.
  2. 1 2 "Milroy conversion gets OK from city council". The StarPhoenix. Postmedia Network. January 15, 2008. Retrieved 2011-04-12.
  3. ↑ "Bid to hault Milroy Apartments conversion denied". The StarPhoenix. Postmedia Network. March 20, 2008. Retrieved 2011-04-12.
  4. ↑ "Judge Hands Down Decision In Milroy Apartment Hearing". Saskatoonhomepage.ca. Saskatoon Media Group. March 20, 2008. Retrieved 2011-04-12.
  5. ↑ "Tenants lose condo conversion fight". Leader-Post. Postmedia Network. March 22, 2008. Retrieved 2011-04-12.
  6. ↑ "Milroy tenants withdraw appeal". The StarPhoenix. Postmedia Network. May 9, 2008. Retrieved 2011-04-12.
  7. ↑ "The Milroy To Be Converted". Saskatoonhomepage.ca. Saskatoon Media Group. January 15, 2008. Retrieved 2011-02-26.
  8. ↑ "Hotel Suites Description". Premium Executive Suites. Retrieved 2011-04-12.
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