The City of Wasaga Seashore is optimistic it has discovered the best firm to companion with for the redevelopment of its iconic beachfront.
“Council is very pleased to welcome Stonebridge Building Group to the table, to work with the Town and Sunray Group of Hotels, to reinvent our downtown commercial area and beachfront,” Mayor Brian Smith said.
The settlement with Stonebridge Constructing Group covers the portion of town-owned property at Seashore Space One between First and Third Streets.
In a launch, the City famous that it expects negotiations for the redevelopment mission that has been years within the making to maneuver easily and rapidly as many particulars had already been labored out by means of the Request for Proposal course of.
“Learning from our past experience, council is confident that we are further ahead today than we have ever been. Sometimes you need to take one step back to get two steps ahead. Stonebridge has a solid track record, they are invested in our community, and most importantly, they understand council’s vision and the significance of this project for our full-time residents,” Smith added.
Stonebridge Constructing Group has a historical past in Wasaga Seashore, having actively invested and constructed within the city for over 20 years.
“I am confident that we are the right partners to get it done. We believe this project must be designed with the history and DNA of the community front-and-centre. We know it must balance beauty and functionality with sustainability,” stated Mark Crowe, Stonebridge president.
“Almost 10 years ago, Stonebridge Building Group contributed $75,000 towards the development of Town’s current Beachfront Redevelopment Master Plan. At that time, this investment was leveraged with investments by the Town and the Ontario Ministry of Tourism,” the City famous.
The information of Stonebridge taking over the mission comes simply over a month after the City amicably parted methods with FRAM Constructing Group.
The City stated negotiations with FRAM ended after the 2 sides could not attain a monetary settlement that aligned with expectations. Key sticking factors included disagreements over land worth and mission phasing with Seashore Space 2.
Subsequent steps embody the City coming into into partnership agreements with Stonebridge and Sunray Group of Motels – a hotelier the City signed a Letter of Intent with to convey a lodge to the beachfront.
The City expects to have shovels within the floor by spring.
