Tag: affordable housing
Local developer to complete apartment project as life lease
An unfinished apartment building described as an “eyesore” near the Harry Lumley-Bayshore Community Centre in Owen Sound has a new owner who plans to finish the project, with changes. Sound Lifestyles Ltd. purchased the Georgian Landing project, at 297 18th St. E. in Owen Sound, and will be the developer. Now it’s called Bayshore Terrace and […]
City council extends rental incentive to BCK developer
The city’s need for purpose-built rental housing on the former Black Clawson Kennedy site trumped concerns over offering a million-dollar incentive to a slow-moving developer Monday night at Owen Sound city council. A majority of council voted to extend its expired offer to waive about $1 million worth of development charges for another six months […]
Southwestern Ontario town’s rapid growth sparks 400-home proposal
A nearly 400-home development proposal in booming Strathroy-Caradoc has received the next step of approval from Middlesex County politicians. Hereâs a look at the proposed subdivision and the growing municipality. THE BASIC BACKGROUND A seven-hectare subdivision on a 19-hectare property south of Second Street has been granted draft approval by Middlesex County, clearing the path […]
Builder pitches 92-unit townhome plan with unique bonus (not affordable homes)
A London developer is seeking rezoning approval for a townhouse complex near Meadowlily Woods, pitching city council on playground upgrades at nearby schools in lieu of affordable units. The developer, Royal Premier Homes, wants the property rezoned at 21-41 Meadowlily Road and 20 Norlan Avenue to permit a three-building, 92-unit townhouse complex. That’s southeast of […]
Affordable rents: Here’s what you need to make in London (a lot)
Londoners need to make $32 an hour if they want to keep their rent from chewing up more than 30 per cent of their income.