Listen Live

White Mountain sold to global investment firm

Assuming it doesn’t get side-railed, the White Mountain building in Elliot Lake will have a new owner by the end of the month.  Eissa Group, an international investment firm, has bought the building for $200,000.  Mayor Dan Marchisella says this is a good deal for the city because it means the money it normally spends on the city-owned asset can now be applied to other work in the 2017 budget.    Marchisella says the current tenants don’t have to worry about being evicted because that’s not Eissa’s plan.  He says if it can, it wants to bring new out-of-town tenants into White Mountain considering a lot of space gets freed up once the library moves out.

Rocco Frangione
Rocco Frangione
I've been a broadcast journalist for three-plus decades in Northern Ontario. I'm a graduate of Algonquin College's radio and television arts program and prior to that, an honours grad from Carleton University's philosophy program.

Continue Reading

cknr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Town of Espanola hosting open houses focusing on economic diversification

Espanola is hosting open houses to focus on economic diversification locally, and in the LaCloche Region.

EPR Minister visits Espanola firefighters

The Minister of Emergency Preparedness & Response, Jill Dunlop, and Algoma-Manitoulin MPP Bill Rosenberg visited firefighters in Espanola on Wednesday to present several pieces of equipment.

Spending money to find money – Elliot Lake hires company to find funding for the arena

Elliot Lake council has given its approval to hiring a company to find funding for the Rogers Arena.

Sudbury police switching up online reporting system

The Greater Sudbury Police Service is introducing a new online reporting platform next week.

Foundation work nearly done on Rogers Arena in Elliot Lake

The City of Elliot Lake says the foundation work on Rogers Arena is nearing completion.
- Advertisement -