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YMCA takes 'important step' in determining fate of Geneva Park

YMCA hires Colliers to help stickhandle process to determine 'the best community use and ways to continue the legacy of' Geneva Park
2021-01-21 YMCA Geneva Park
YMCA Geneva Park. Image supplied

NEWS RELEASE
YMCA OF SIMCOE/MUSKOKA
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The YMCA of Simcoe/Muskoka announced today that it has selected Colliers as its professional real estate advisor to help determine the future use of YMCA Geneva Park.

In January, the YMCA initiated a Request for Proposal (RFP) to engage a real estate provider to help the charitable association gather and assess all possible community- based solutions for Geneva Park, before proceeding to an open market listing.

A national multi-disciplinary team of real estate experts from Colliers, including Colliers’ Not for Profit Advisory group, Unique Properties practice, and Strategy and Consulting Group will evaluate proposed business cases for the future of the park.

The Not for Profit Advisory Group at Colliers has more than 32 years of experience advising non-profits with the development and implementation of comprehensive real estate strategies, including methodologies and solutions to fully engage non- profit sector teams and stakeholders in a way that goes deeper than a traditional real estate process.

The Colliers practice also has a proven track record in supporting the mission, vision and values of not for profit organizations, says YMCA CEO, Jill Tettmann.

“We look forward to working with the team at Colliers and leveraging their extensive knowledge and history with organizations like ours. Today’s announcement marks an important step in our process as we seek to understand how we can support the long-term sustainability of our YMCA while seeking the best community use and ways to continue the legacy of the Park,” Tettmann said.

“We are honoured to be collaborating with the YMCA and working in partnership to identify the best future use of Geneva Park,” said Matthew Johnson, senior vice president, Not-for-Profit Advisory Group at Colliers. “Our team will comprehensively review all ideas while keeping top-of-mind the longstanding sustained presence of the YMCA.”

The YMCA and Colliers are committed to ensuring that all ideas and potential partnerships are considered for the future of Geneva Park. The YMCA expects to have a community proposal process confirmed and launched this spring, and remains committed to a transparent process.

The YMCA of Simcoe/Muskoka, which served over 100,000 people in 2019, continues to operate programs across the region, including health, fitness and aquatics, child care, employment and immigrant services, community programs and other camping programs, as health regulations allow.

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