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Showing posts with label Westminster File YMCA. Show all posts
Showing posts with label Westminster File YMCA. Show all posts

Thursday, May 13, 2010

YMCA Agrees to Expand One Facility, Trying to Sell Another

CitybizlistBaltimore: Y Agrees to Expand One Facility, Trying to Sell Another

The Y of Central Maryland has finalized a deal to expand and renovate its Carroll County Family Center Y location at 1719 Sykesville Road.

By expanding the current location, the Y estimates it will be able to serve an estimated 1,500 more people in Carroll County. The funding for the renovation and expansion will come as a result of an innovative partnership with The Powers Companies, a regional builder/developer that agreed to purchase the Y's building and property on Sykesville Road and then lease it back to the Y for 25 years, with renewal options.

Included in the agreement is funding for the renovation and improvements.

At the same time, the Y announced that it is actively seeking a buyer for the site of the former Westminster Inn on South Center Street, which the Y purchased from the Maryland School for the Blind in 2007. While the Y has utilized the Westminster Inn building since its purchase, the escalating estimates for renovation, coupled with the economic downturn, required the Y to reevaluate taking on the project at this time.

"We are delighted with this arrangement as it allows us to both improve services to existing members and at the same time bring our charitable mission to more residents of Carroll County, due to the expansion," said Ron Nawrot, Chair of the Y's Carroll County Community Advisory Board.

Renovations to the existing center are expected to begin over the summer and conclude by year-end, with the center remaining open throughout the project.

The expansion will add approximately 5,000 square feet to the existing 24,000 square foot center. Exact renovation and expansion details are still under development, but improvements under consideration include added multi-purpose spaces, family locker rooms, an expanded child play area, and expanded fitness space. Upon completion of the expansion and improvements to the Family Center, the building will be named the Hill Family Center Y in honor of long-time Y volunteers and supporters, Marty and Kelly Hill and the Hill family, Jennifer Hill-Bubczyk and Martin P. Hill, local developers and philanthropists.

"This expansion and renovation project is in keeping with our recently completed strategic plan, ‘A Healthy Y for a Healthier Central Maryland,' which calls for the Y to be a catalyst for a more connected community," said John Hoey, President and CEO of the Y of Central Maryland. "The project will not only modernize the center, but also uses space to encourage greater family and community interaction. We're thrilled with it."

"The Y of Central Maryland is a pillar of this community. The Powers Companies share the same values as the Y and we are proud to work with such a family- and community-focused organization," commented Mark Powers.

The Y of Central Maryland has served the residents of Carroll County since 1962.

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Tuesday, August 28, 2007

20070828 MD School for the Blind sells Westminster Inn to YMCA

Maryland School for the Blind sells Westminster Inn to YMCA

Baltimore, MD-August 28, 2007:

The Maryland School for the Blind (MSB) has sold The Westminster Inn to The YMCA of Central Maryland for $1 million. The property was donated to the school in 2005. The proceeds from the sale will fund essential programs at the school.

The Maryland School for the Blind is a non-profit school that serves students across the state who are blind, visually impaired, or multiply disabled. MSB sought another mission-oriented, non-profit organization to negotiate the sale. John K. Holey, President and CEO of the YMCA Central Maryland states, "This opportunity became attractive to us because it allows us to provide programs and services, including health and wellness, and child care, in a location central and convenient to a larger percentage of Carroll County's families that we are currently serving".

We were delighted to negotiate a transaction where the Y is able to expand their services, and provide services to the residents of Carroll County> "> , said Steven Koren, board member of MSB Enterprises, LLC.

The property, located at 5 North Center St. in Westminster, MD, was formerly a full service inn, and also housed a restaurant and fitness facility. The sale was negotiated by MSB Properties and MSB Enterprises, LLC.

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Located in the northeast corner of Baltimore, The Maryland School for the Blind (MSB) is a private, nonprofit school dedicated to educating children and youth from infancy to age 21 who are blind, visually impaired, and multiply disabled. Each year, the school serves more than 800 students throughout the state. In addition to the traditional classroom education, MSB offers comprehensive services including; residential, braille and low-vision instruction, travel training, transition, health and therapy services, career education, and outreach.

MEDIA CONTACT

Taiisha L. Pinkney

Public Relations Manager

The Maryland School for the Blind

Taiishap AT mdschblind.org

(410) 319-5722p (410) 319-5755f

www.marylandschoolfortheblind.org