There is great passion for Geneva Park shared by all park stakeholders and we know that uncertainty around the property’s long-term future has been challenging for everyone who loves the park, including our own YMCA staff. With this in mind, we are sharing with you today that our Board of Directors has reached an agreement with a buyer committed to the restoration and rejuvenation of the park, and preserving the legacy of the property for years to come.
The new owner is a community-minded entrepreneur with a history of revitalization projects in our region and that’s why we feel so positive about what we have achieved with this agreement.
With a focus on building for the future and an appreciation for the history of Geneva Park, Clayton Smith of The Commercial Realty Group, is committed to the rejuvenation and restoration of the park. He has a genuine passion and a demonstrated history of breathing new life into iconic historical buildings in Toronto and destinations throughout the region, such as the nearby Orillia Rama Regional Airport (ORRA), Spirit Bay Harbor in Muskoka, Georgian Bay Airways in Parry Sound, and even the successful restoration of fish species to Shrigley Creek, Manitoulin Island. Clayton is actively conducting due diligence on necessary site remediation and capital improvements.
Our unique, intentionally-designed process has allowed us to establish this best outcome for the park’s future. In April 2021, we shared that Colliers Not-for-Profit Advisory and Unique Properties group would be supporting our goal to seek the best community use of the property and ways to continue the legacy of the park, while also helping to ensure the long-term sustainability of our YMCA. The news we are sharing today is that the result of this process, which included engagement with a variety of stakeholders, meets this goal.
We are so thankful to all of the community members who participated throughout the process, and we’re looking forward to working with all stakeholders to celebrate the Y’s legacy at the park.
In addition to sharing about the long term future of the park, we know everyone is eager to hear what’s happening with Geneva Park this summer. The buyer is now taking the time to assess the property and clearly understand what work needs to be done to ensure many safe and fun summers at Geneva Park for years to come. Once the buyer has had time to complete their assessment, you can expect to hear news about a renewed Geneva Park. The YMCA will be moving into the role of transition support and collaborating with the community to celebrate the Y’s legacy at the park to this point in time.
We remain committed to communicating further updates including answering your questions. To stay up-to-date about next steps, visit ymcaofsimcoemuskoka.ca/genevapark/.
Thank you for your continued commitment and care to Geneva Park.