New business helps downtown continue upward trend
Downtown Windsor will soon be a boogie wonderland with a new 21 and over club called Disco Inferno. “It’s something that hasn’t really been done in Windsor to the level we’re doing it,” said Andrew Corbett, managing partner of WKND Hospitality Group. “With our other properties it kind of compliments everything else we’re doing having…
Read MoreCouncil committee supports large townhouse development in east Windsor
The construction of more than 100 townhomes on vacant east Windsor property once expected to house a school received the green light from a committee of city council this week. Without a word from would-be neighbours and with little discussion from members of the development and heritage standing committee, an Ontario numbered company was granted…
Read MoreWindsor councillor to pitch ADU incentive program
The province has set an ambitious target of building 1.5 million homes in the next decade and that includes 13,000 homes in Windsor alone. A Windsor city councillor believes one way to help achieve that target is by giving homeowners incentives to build additional dwelling units (ADUs). “That is a very ambitious target. So we…
Read MoreOver 60 per cent of area condos owned by real estate investors
Condominiums are the preferred choice of real estate investors in the Windsor area with 62.5 per cent of those residences being owned for revenue-generating purposes by individuals not living in them. The Statistics Canada study released Friday also found investors owned 12.1 per cent of all housing in the Windsor census metropolitan area. That area…
Read MoreCouncil eyes $679K in incentives to spur downtown, Ford City projects
City council will decide next week on whether to approve almost $700,000 in incentives to spur $12 million worth of transformative redevelopments in the downtown and F––ord City. “This is actually the power of a strong real estate market, coupled with the CIP incentives, that really makes this time exciting,” said Mayor Drew Dilkens. He…
Read MoreDowntown development boom aided by $700K of city grants
WINDSOR, ONT. – Over the past decade, a slow trickle of development has taken place in our core neighbourhoods, but right now — construction activity is popping up in ways not seen in decades. And on Monday council will receive four applications to its community improvement plan (CIP) for property tax incentives and facade grants…
Read MoreResidential conversions for Canada Building, Knights of Columbus auditorium clear hurdles
Major projects to convert two historic downtown buildings into badly needed residential units — more than 100 apartments including loft-style residences with soaring ceilings — cleared major hurdles this week at a city committee meeting. The 12-storey art deco-styled Canada Building at 374 Ouellette Ave. was recommended by council’s development and heritage standing committee for $412,780 in…
Read MoreWindsor’s hot housing market creates $20B of wealth: Real estate agent
WINDSOR, ONT. — Long considered one of the most affordable places to live, Windsor now has the hottest real estate market in the country. A new report published by the Canadian Real Estate Association shows yet another massive increase in home prices — up a staggering 30 per cent over last September. “We’ve never been regarded…
Read More$21 million in new residential developments planned for downtown Windsor
WINDSOR, ONT. — Downtown Windsor is about to get a serious — and much needed shot in the arm with a pair of residential developments at two downtown locations on Ouellette Avenue. Real estate developers Rhys Trenhaile and Reed Renaud have teamed with investors from Burlington-based Celernus to renovate the Former Knights of Columbus Building…
Read MoreDowntown buildings part of $21M residential development plan
Downtown Windsor’s historic Canada Building and a former Knights of Columbus building that has been vacant for about a decade will be redeveloped to create 106 new apartments in the city’s core. “Like a lot of other entrepreneurs, we’ve identified there is a demand for downtown living and no place for people to live,” said…
Read More