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Monteray Site Sold - Proceeds to be Directed to the Argyle Secondary Replacement Project

June 11, 2015

MonteraySite.jpgJune 11, 2015:  The North Vancouver School District is pleased to announce the sale of its property at 4343 Starlight Way, the site of the former Monteray Elementary school, to Morningstar Homes. The $6.38M sale was completed following approval by the District of North Vancouver, which included a public hearing process and extensive prior community consultation by the School District. Proceeds from the sale of the Monteray site will be directed towards funding the proposed full replacement of Argyle Secondary.

The new residential development planned for Starlight Way will feature 12 single-family lots and two park areas. Preparations for demolition of the current building are now underway. For future updates and project information please visit the website of Morningstar Homes

“The sale of Monteray represents a significant advancement in our ability to fund the proposed full replacement of Argyle Secondary,” says Cyndi Gerlach, chair of the North Vancouver Board of Education. “We thank Morningstar Homes for their professionalism and public consultation process and we appreciate the work of District Council and staff in supporting our vision for a new, efficient and sustainably designed school for the Argyle community.”

Monteray school was permanently closed in 2004 following an extended period of lowering enrolment due to changes in neighborhood demographics—primarily a decline in the number of school-age children in the area. As well, the 1.17-hectare site is too small to meet current Ministry of Education standards for a school, making rezoning for residential development the highest and best possible use for the site going forward.