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Tenants express interest in Welsh Owen Building

Apr 26 2013

CHARLOTTETOWN – APM Properties is enthusiastic about the sizeable number of local, national and international companies that have expressed serious interest to lease space in the Welsh Owen Building.

The 141-year-old, 4-storey structure was formerly the historic Kays Brothers Building, but has been renamed to recognize the prominent businessmen who built it in the 19th century. It played an important role in the commercial history of Charlottetown, primarily serving as wholesale grocery businesses; however, over the years it fell victim to three fires and at one point had reached a state of deterioration that slated it for demolition.

However, in an effort to preserve and revitalize the building, APM purchased it last spring with the help of a Heritage Grant from the Charlottetown and Area Development Corporation. APM then began renovating it in an effort to restore the building to its former structural integrity and character.

APM Business Development Manager Jerry Leblanc says the transformation is incredible.

“In APM’s thirty-year history, it is definitely one of our most ambitious projects to date. The extent of the renovations is truly phenomenal.”

Leblanc says he is not surprised in the level of interest on the building.

“Its downtown location and historic charm are what makes the space so appealing to the companies that have come forward to express interest. Our tenants are going to create jobs for Islanders and we are very pleased about that.”

The 20,000 square foot Welsh Owen Building will be completed in time for the 2013 summer tourist season with the first floor designated as retail space and the remaining three floors as office space.

For more information on this project or any of our other properties please contact Leblanc at (902) 569-8400 or at jleblanc@apm.ca.

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For further information on APM, visit apm.ca

For further information, please contact Corinne Verleun, Executive Assistant for the CEO
cverleun@apm.ca
c. (902) 218-1586
w. (902) 569-4800


Media Contact: MediaReleases@apm.ca