Thursday September 10, 2015

Vancouver School Board cashes in by selling school playground to developer for 'three times over asking'

(Virginia State Parks/FLICKR)

Listen 4:22

Vancouver's real estate market has never been hotter, which is why the Vancouver School Board has decided to sell off the playground and soccer field at Lord Allison Junior High.  

"We were getting offers three times over asking!" - Howard Bleeth, Vice-Superintendent, Vancouver School Board

"It was a no brainer and it's very exciting for us to finally, like everyone else in this city, get in the real estate game," said Vice-Superintendent Howard Bleeth.

When asked if he was concerned about the well-being of the students at Lord Allison, Bleeth responded by saying:  "Sure, it's too bad these kids no longer have a playground to play on at recess, but ultimately they understand ... they understand that this is Vancouver and nothing is more important than real estate."

Peter Oldring spoke with Bleeth to learn about his plan to sell off more playgrounds and why he thinks gymnasiums might be the next hot sale.