After years of waiting and several deadline extensions, the future of the Cedar Crescent Village project in Port Elgin is now unclear.
The Town of Saugeen Shores has announced it’s preparing to take legal action that could eventually end the development’s lease.
In a statement on Monday, March 2, 2026, the Town mentioned it has worked diligently with developer 2706913 Ontario Inc. to try to move the waterfront project forward. The Council had previously extended timelines, including moving the completion date to September 2026, after issuing building permits and approving changes aimed at keeping construction on schedule.
However, the Town states that a significant construction milestone due on February 2 was not achieved, and progress hasn’t met what was expected under the project’s agreements. After a thorough review, the municipality is now taking steps to enforce its rights under the lease and servicing agreements.
Cedar Crescent Village was planned as a key part of the community’s waterfront master plan, intended to be a year-round center featuring shops, dining options 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 materialize.
With court actions likely ahead, the Town says it can’t share much publicly about this situation and is asking residents for patience as things progress.
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