A Brampton-based developer says he will sign an agreement next month with the City of Kitchener for a project that will add 385 condos to the core.
Peter Smith, president of Andrin Homes, said an agreement should be in place by mid-January for the redevelopment of the city-owned half of Centre Block, which is bounded by King, Young, Duke and Ontario streets.
“We have agreed in principle and most of the document has been finalized,” Smith said. “Lawyers are now crossing t’s and dotting i’s but there are no issues.”
Read the full article by Terry Pender, “City and developer near deal for long-awaited project” at TheRecord.com (Dec 17, 2009).