After a long wait and several deadline extensions, the future of the Cedar Crescent Village project in Port Elgin is now uncertain.
The Town of Saugeen Shores has announced it’s ready to take legal action that could lead to ending the development’s lease.
In a statement on Monday, March 2, 2026, the Town said it has worked hard with developer 2706913 Ontario Inc. to push the waterfront project forward. The Council had previously extended deadlines, including moving the completion date to September 2026, after granting building permits and approving changes aimed at keeping construction progressing.
However, the Town noted that a significant construction milestone set for February 2 was not achieved, and progress has not met what was required under the project’s agreements. Following a thorough review, the municipality is now looking to enforce its rights under the lease and servicing agreements.
Cedar Crescent Village was meant to be a key part of the community’s waterfront master plan, envisioned as a year-round hub featuring retail shops, food services, and public gathering areas near Port Elgin’s Main Beach. Permits for both phases were granted in 2023, raising hopes that this long-discussed development would finally become a reality.
With court proceedings anticipated, the Town says it can’t share much publicly at this time and is asking residents for patience as things move forward.
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