Discussions around the sale of the CHCH TV building on Jackson Street have entered the “serious” stage.
There’s word Losani Homes has agreed to purchase the iconic building for between 7- and 9-million dollars.
But Losani Homes lawyer Bill Lifke tells CHML News, they are “very far from having a legal commitment.”
Lifke adds to his understanding, no other prospective buyers have come forward.
He says they have not agreed on a timeline for a possible purchase either.
Lifke confirms that if Losani Homes does proceed with the purchase it is committed to preserving the facade of the 1850 building.
CHCH TV has called the building home for more than 60 years.