Ontario Construction News staff writer
The City of Barrie has revealed plans for two new rental housing projects led by Street Properties and YYZed Project Management, adding 341 new rental units to the area’s housing market. This includes 69 units that are classified as affordable.
One of the developments will be a 12-storey building with 188 units located at 53 Coulter St., while the second project consists of 153 units at 375 Yonge St.
“By working with Street Properties and YYZed Project Management and continuing to support purpose-built rental housing, we are helping deliver the kind of housing our residents need,” said Mayor Alex Nuttall. “These 341 new rental units, including 69 affordable units, are another major step toward making housing more attainable for families, young people, and seniors in Barrie.”
City officials pointed out that these 69 affordable units are part of over 770 affordable homes approved by Council across Barrie through ongoing housing incentive programs, partnerships, and sustained investment aimed at boosting supply and enhancing affordability.
“Barrie is demonstrating real leadership when it comes to tackling housing affordability and accelerating new rental supply,” said Sam Di Pasquale, director at YYZed Project Management and representative of Street Properties. “We are proud to partner with the City on projects that will create more housing options for residents and contribute to the long-term growth of the community.”
53 Collier Street
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