There is a new Condo Development coming to downtown Kitchener, Ontario: The Centre Block, which will be developed by the same developer that built that Kaufman Lofts in Kitchener.

City gives nod to developer for Centre Block

KITCHENER — City councillors reached an important milestone Monday in their decade-long effort to redevelop a strategic parcel of land next to City Hall.

During a closed-door meeting councillors gave their final authorization to staff for an agreement between the City of Kitchener and Brampton-based Andrin Homes for the redevelopment of Centre Block with 385 condominiums, four new buildings, underground parking, a boutique hotel-spa and a parkette.

“It has been a long time coming, obviously,” Mayor Carl Zehr said.

By 2000 the city had purchased almost all of the properties and buildings that wrapped around the western half of the block, which is bounded by King, Young, Duke and Ontario streets. So far the city has spent about $13 million on all of the costs associated with buying the land, buildings and businesses.

Andrin gets the 2.6 acre site and two heritage buildings for $3.1 million

For more information on the Centre Block and other condos in Kitchener, contact Benjamin Bach @ Benjamin@BenjaminBach.com, or call me at 519-772-4376

Related posts:

1. Pre Construction Condos in Kitchener: City Centre by Andrin City Centre Condos in downtown Kitchener One of the most...
2. Kitchener’s Mayfair Hotel to be Preserved at Andrin’s City Centre Condo Development Andrin to Restore Mayfair Hotel At City Centre Great news...
3. Best Deals for Kitchener Condos Under $200K Looking for a well priced Condo in Kitchener?  We have...
4. Another condo for sale at 565 Greenfield in Kitchener sells fast Well, this is deja vu! Last week at the Kitchener Waterloo...
5. What is a condo at Kaufman Lofts in Kitchener Worth? One of the most popular condo buildings in Kitchener, Ontario...