February 25, 2011
Mady Development Corp and PenEquity Realty Corp, the developers of the much-discussed MarketTown Condominiums [map] project, are teaming up with the Royal Victoria Hospital and Georgian College to further strengthen both those institutions and the wider community.
In the Royal Victoria Hospital’s case, for any staff member or volunteer who buys a suite at MarketTown $500 will be donated to the Simcoe-Muskoka Regional Cancer Centre building fund.
Announced in 2005, the Cancer Centre, which will be attached to the Royal Victoria Hospital, is to be a full service facility featuring three radiation treatment suites, two outpatient clinic areas, a supportive care area, and a state-of-the-art chemotherapy suite. Communities across the region are responsible for raising a significant share of the building’s estimated $56.1 million cost.
The Georgian College partnership will be a similar deal. For each staff member, alumnus or current student who purchases a suite at MarketTown, a $500 donation will be made to the school’s Power of Education Campaign.
The college-wide initiative is aiming to develop and expand key programs like health sciences and engineering technology as well as fund bursaries and scholarships. As of last spring, the fund was only $4.4 million short of its current $25 million goal.
For their part, the folks at Mady Development Corp and PenEquity Realty say they’re happy to help each institution meet its goals.
As we reported last week, MarketTown recently launched its second phase after the unbridled success of the first phase. Once completed, the twin 6-storey mid-rises will be home to 200 suites.
That the MarketTown team chose the Royal Victoria Hospital and Georgian College to contribute to is only natural. The two institutions are both within walking distance. Kudos to all involved!
To learn more about MarketTown, drop by their Presentation Centre at 319 Cundles Road East in Barrie. Or click here to check out their website.