After many years of waiting 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 preparing to take legal action that could potentially end the development’s lease.
In a statement on Monday, March 2, 2026, the Town mentioned it has collaborated extensively with developer 2706913 Ontario Inc. to advance the waterfront project. 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 stated that a crucial construction milestone set for February 2 was not achieved, and progress hasn’t met what was required 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 envisioned as a key part of the community’s waterfront master plan, intended as a year-round hub featuring retail shops, food services, and public gathering areas close to 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 only share limited information publicly and is asking residents for patience as this situation unfolds.
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