Richard Sifton, the CEO of Sifton Properties, takes CBC News inside an office-to-residential conversation at 195 Dufferin Ave. in downtown London.
In less than a year, someone will be living in what used to be the finance department of a local insurance company. Someone else will be taking a shower where lawyers held meetings or cooking where human resources staff signed paycheques.
Work is underway to turn 195 Dufferin Avenue, an eight-storey building that once housed insurance companies and law offices, into apartment units, the first project that’s using incentive money from the city to convert empty or under-used offices into much-needed housing.
“We’re doing something that is better for the community and better for London,” said Richard Sifton, CEO of Sifton Properties, which is heading up the conversion.
Sifton leases the building, which sits on land owned by St. Paul’s Cathedral and the Anglican Diocese of Huron. Homes Unlimited, …