MONTREAL—After over 100 jobs were eliminated at McGill’s health network this week, the MUHC is now getting ready to put some prime real estate up for sale.
The move comes in anticipation of the MUHC moving most of its operations to the Glen Yards in 2015.
The buildings eyed in the sale include part of the Royal Victoria Hospital, the Chest Institute and the Montreal Children's Hospital.
It's still not clear how much money the sales would bring in, however municipal evaluations on all three building total $177 million.
The money would go back to the MUHC to fund the new $1.3 billion superhospital.
For its part, the family that donated the land for the Royal Victoria over a century ago wants to make sure it remains a hospital and doesn't end up in the hands of condo developers.
Suffering from cost overruns at the Glen Yards, the MUHC announced the cutting of 164 jobs earlier this week as the network implements $50 million in cost cutting measures. The MUHC still faces a deficit of $115 million and anticipates more job cuts in the future.
