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PenEquity North Barrie Crossing Mixed-Use Development Ontario - Project Profile

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Synopsis


"PenEquity North Barrie Crossing Mixed-Use Development Ontario - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "PenEquity North Barrie Crossing Mixed-Use Development Ontario - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


PenEquity Realty Corporation (PenEquity) is undertaking the construction of a mixed-use complex in Barrie, Ontario, Canada.

The project involves the construction of a mixed-use complex on 17.8ha of land. It will be developed in phases.

The first phase includes the construction of six-story condominium building, The Junction with 120 units, a grocery store, a movie theater, a fitness center, pharmacy, and other retail outlets.

The second phase is yet to be revealed.

Pratt Homes has been appointed as the developer for the six-story condominium building.

The project will receive US$11 million in funding from the Federal Government, US$15 million from Ontarios Transportation Ministry, and the city council will provide US$7 million.

In January 2016, construction works were commenced on the first phase.

In April 2016, Pratt Homes submitted a rezoning application to the council in order to request removing the current requirement for commercial development on the first floor of the residential buildings.

In July 2016, construction works on theatre were completed and opened to public.

Construction of the condominium building is underway.

Scope


The project involves the construction of a mixed-use complex on 17.8ha of land in Barrie, Ontario, Canada.

The US$81 million project includes the following:

1. Construction of 120 condominiums

2. Construction of a grocery store

3. Construction of a movie theater

4. Construction of a pharmacy

5. Construction of a fitness center

6. Construction of retail outlets

7. Construction of related facilities

Reasons To Buy


Gain insight into the project.

Monitor the latest project developments.

Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix


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Reports Details

Published Date : May 2018
No. of Pages :7
Country :Canada
Category :Company Profiles
Publisher :Timetric
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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