Heritage Point

Heritage Point

St. Catharines, Ontario
This 14.41-acre Brownfield Development was formerly an industrial assembly and landfill site.

The site has now been remediated with a Record of Site Condition. LANDx Developments are now overseeing planning approvals for the final development phase, which is the 208-unit apartment complex. Currently, LANDx Developments are managing tax increment financing (TIFs) and incentives valued in excess of $7,000,000. LANDx Developmentā€™s experience in high-level project coordination, environmental remediation, the development approval process and financial and contractual management are significant assets to this project.

Commitment to the remediation and repurposing of these Brownfield sites makes a significant impact on the development of the City of St. Catharines. St. Catharines is an ideal location for development, as it is comprised of many amenities, transit options, parks and residential neighbourhoods. The transit options available make travelling to Toronto accessible, while still being close to the United States border.

Heritage Point is located on the corner of Woodburn Avenue and Herrick Avenue, which is surrounded by mature low-density neighbourhoods and a municipal golf course. The first three phases have been completed, built out with 89 fully occupied homes comprised of 57 freehold townhomes, 26 condo units and six single detached dwellings. The completed phases of the subdivision have injected renewed energy and vitality into the former industrial area. The last phase of development is currently finalizing planning approvals and will support a more complete community by contributing to a greater range of housing types and densities.

ON BEHALF OF
Downing Street Group

heritage point logo

AT A GLANCE

  • Value: $68,700,000
  • Details: 208-unit apartment complex
  • Status: Records of Site Condition (RSC) Obtained, Three Phases of Housing Complete, Planning Approvals for Final Phase

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