Archive

Posts Tagged ‘nova scotia’

Modular Construction Could Provide Critical Solution

May 25th, 2017 Comments off

One of the schools affected by closure in Nova Scotia. Credit: Chronicle Herald.

In Nova Scotia, Canada, the challenge of shuttered schools looms large for communities, school boards and politicians.

But a solution is on the horizon, in the form of modular classrooms.

According to the Chronicle Herald, Lunenburg County in the province has had to close two schools, with two more on the chopping block. And, the Cape Breton School Board has announced the closure of 17 schools.

Local resident, and experienced homebuider Peter Simpson believes he has the answer.

Dropping enrollment and shuttered schools hang like dark clouds over politicians and school boards alike in Nova Scotia.

But a Bridgewater resident says there is a way to keep more schools open.

Peter Simpson says modular schools may be the solution.

What used to be assets for the community . . . have now become liabilities,” said Simpson, who is also the former CEO of the Greater Toronto and Greater Vancouver Homebuilders Association.

When schools close, they are turned over to the titleholder after a school review of the buildings, which could be the municipality, the school board or, the developer.

Working being done on a modular unit in the Britco facility. Credit: Britco.

The owner then has the responsibility to make decisions about the building and property,” a statement from the province citied.

With that, Simpson moved to utilize the available modular units.

When the enrollment drops you can remove those units,” said Simpson. “And take them where there is a . . . need.”

Simpson provided an example where, if there is a school with low enrollment in Bridgewater, the province could take off a modular wing and move it to a school in Halifax with more students.

Britco Construction, which the Daily Business News reported on recently here, specializes in building modular offices, homes, hotels and classrooms. The company built Watson Elementary in Chilliwack, which has eight modular classrooms.

And, the unique layout was designed to allow for the removal of four classrooms a few years later when the school’s enrollment dropped. Declining enrollment is often the reason given when school boards decide to close a school, and the flexibility of modular solutions provides an effective alternative.

A Britco unit under construction. Credit: Journal of Commerce.

Although potentially effective, opinions vary.

There is a long-range planning issue with school building in Nova Scotia, and schools have become twice the size they need to be,” said Paul Bennett, director of Schoolhouse Consulting.

Bennett sees a scenario where small schools are built in the center of communities.

They shouldn’t be Ontario-designed models imposed on smaller Nova Scotia communities.”

Even so, school boards, like one in Ontario, are taking the initiative.

The Flowervale Public School in Toronto is a modular school with a brick core.

And when student enrollment began to decline, the board decided to repurpose the building in 2006. It’s now called Giant Steps: Autism School and Therapy Centre, and serves greater Toronto.

And that flexibility now has those in government taking a look.

We currently have not used modular construction in our schools, but we look at any option that was both cost effective and met the needs of the students and community,” said government spokeswoman Heather Fairbairn.

More on Britco’s work in Canada, including their buildout of a workforce housing project in northern Alberta, Canada for Devon Energy Corp., is linked here.

For more on the Canadian Modular Market, including Enerdynamic Hybrid Technologies Corp. (EHT) and their goal to deliver 50,000 homes in the nation of Ivory Coast for a branch of its military, click here. ##

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

 

Submitted by RC Williams to the Daily Business News for MHProNews.

 

(Copyright Notice: This and all content on MHProNews and MHLivingNews always have been and are Copyrighted, © 2017 by MHProNews.com a dba of LifeStyle Factory Homes, LLC – All Rights Reserved. No duplication is permitted without specific written permission. Headlines with link-backs are of course ok. A short-quoted clip, with proper attribution and link back to the specific article are also ok – but you must send a notice to iReportMHNewsTips@mhmsm.com of the exact page you’ve placed/posted such a use, once posted.)

Killam to Release Year-End Results

January 13th, 2014 Comments off

Canada’s Killam Properties, Inc. (TSX:KMP) will release its Dec. 31, 2013 year-end financials on Tue., Feb. 18, 2014 after the market closes. A live audio webcast and conference call to discuss the results will be held the following day, Wed., Feb. 19 at 10:00 AM eastern time, according to wsjonline.com. Based in Halifax, Nova Scotia, Canada, MHProNews knows Killam is one of the largest owners of manufactured housing communities in Canada.

(Image credit: Killam Properties, Inc.)

Killam Properties Increases Dividend

December 25th, 2013 Comments off

As follow-up to a story MHProNews posted Dec. 18, 2013, metronews.ca in Canada reports Killam Properties, Inc. (TSX:KSM) of Halifax, Nova Scotia has increased its monthly dividend from $0.04833 cents per share to $0.05 per share. On an annual basis the increase works out to be from $0.58 to $0.60 per share. The stock will yield about 5.9 per cent based n the company’s share price. With over 9,000 homesites, Killam is one of Canada’s largest owners of manufactured housing communities.

(Photo credit: Killam Properties, Inc.)

Leadership Change at Killam of Canada

December 2nd, 2013 Comments off

Land lease community (LLC) owner Killam Properties, Inc. of Halifax, Nova Scotia, Canada announces George J. Reti has retired as chairman of the board and director effective Nov. 29, 2013. He joined the board when Killam became publicly-traded in 2002 and served as chairman since 2003, taking the company from its start-up with $12 million to its current portfolio worth $1.6 billion. MHProNews has learned from wsj.com board member Robert G. Kay is the new non-executive chairman of the board. In addition, Killam finalized the sale of its 2,308 site New Bunswick manufactured housing community for $69 million, realizing a net of $42.6 million after paying off outstanding mortgages. The company is one of the largest manufactured housing community owners in Canada.

Killam Properties Declares Dividend

November 28th, 2013 Comments off

Killam Properties of Halifax, Nova Scotia, Canada has declared a dividend of $0.05 per share payable on Monday, Dec. 16, 2013 to investors of record on Friday, Nov. 29, 2013. According to tickerreport.com, analysts at Dundee Securities cut their price target on shares of Killam Properties from C$11.75 to C$11.50 in a research note to investors on Tuesday, November 19th. They now have a “neutral” rating on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Killam Properties in a research note to investors on Thursday, November 7th. They now have a C$12.50 price target on the stock. MHProNews understands Killam is one of the largest owners of manufactured housing communities in Canada with over 9,000 homesites.

(Photo credit: Killam Properties, Inc.)

Killam to Announce Financials for Q3 2013

October 3rd, 2013 Comments off

Killam Properties, Inc. (TSX:KMP) of Halifax, Nova Scotia, Canada will present its financial results for the third quarter ending Sept. 30, 2013 after the market closes Tue., Nov. 5. A conference call and live webcast will be held the following day, Wed., Nov. 6, at 11 AM EST. The dial-in number outside Toronto toll free is 888 231-8191, as newswire.ca informs MHProNews. A replay will be available until Nov. 13, 2013, and on Killam’s website for 90 days after the webcast. Killam is one of the largest owners of manufactured home communities in Canada.

(Photo credit: Killam Properties, Inc.)

Killam Announces 2012 Financials

January 17th, 2013 Comments off

From north of the border ca.finance.yahoo reports Halifax, Nova Scotia-based MHC owner Killam Properties, Inc. (TSX: KMP) will announce it’s financial results for the year ended 2012 on Tue., March 5 after the market closes. A live audio webcast and conference call will be held the following day, Wed. March 6, at 11:00 AM (EST). As MHProNews knows, Killam owns 44 manufactured home communities, mostly in eastern Canada, comprising 7,397 homesites.

(Photo credit: Killam Properties, Inc.)

New Wells Should Solve Water Woes

January 14th, 2013 Comments off

Following a story we reported Aug. 31, 2012 concerning an MHC in Canada where residents have had to boil water before using it, MHProNews has learned from CBCNews one of the residents has successfully sued owner Killam Properties. The 300 families at Mountain View Trailer Park in Echo Lake, Nova Scotia have been without potable water since Dec. 2011. Arguing it was a violation of his lease to have to boil water every day, Bruce Baillie was awarded $660.81. He is meeting with other residents to educate them on the process of taking Killam to court. Killam said it will appeal the ruling, that it has won similar suits before. The company has spent $300,000 to install four new wells that should be ready by the end of this month. Killam is one of the largest MHC owners in Canada.

(Photo credit: Wikipedia)