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Builders Snap Up Aging YMCA Properties for Redevelopment

Old Structures, Remote Work, Home Fitness Create a Challenge
Canada's YMCAs, including this one in Calgary, have been the target for redevelopment plans. (CoStar)
Canada's YMCAs, including this one in Calgary, have been the target for redevelopment plans. (CoStar)
CoStar News
October 18, 2023 | 5:28 P.M.

Since the first visitor walked into North America's maiden YMCA in 1851, millions of people have flocked to the charitable organization to work out or take a swim. But the facilities are now also attracting interest from real estate developers acquiring many of the properties they see as ripe for redevelopment.

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