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Nova Scotia

Membertou First Nation buys Medical Arts and HealthPark buildings

The prosperous Membertou First Nation in Sydney has bought two commercial properties housing doctors' offices and pharmacies, one of them on land once inhabited by the Mi'kmaq.

Chief Terry Paul says First Nation saw 'good opportunity' in two properties

Membertou Chief Terry Paul says the First Nation saw good opportunities in two medical buildings it has now bought. (Terry Paul)

The prosperous Membertou First Nation in Sydney has bought two commercial properties housing doctors' offices and pharmacies, one of them on land once inhabited by the Mi'kmaq.

Chief Terry Paul says the chance aroseto buythe HealthParkbuilding next to the Cape Breton Regional Hospital and the Medical Arts building on Kings Road when the current owners decided to invest in other businesses.

"It's a really goodopportunity for us," he said."The revenues that were made from these two properties were going elsewhere. The revenues that we make will be reinvested back in Cape Breton."

Paul said there will be no perceptible change in how the two buildings operate now.

"It's run really well by the present management and we're going to keep them there and we want to make sure that we service the tenants very professionally," he said.

The older of the two buildings, the Medical Arts building, is more than agood business opportunity, saidPaul. It's on traditional Mi'kmaq land.

"(It's) land we lived on over a hundred years ago," he said. "As people may know, we were removed from there in 1916 and we've always had a closeness, felt a closenessto that property because it was near the water and access to our food source."

The HealthPark property serves to expand the boundaries of Membertou, as it's immediately adjacent to the reserve.