5-Burlington view 3 Downtown Burlington’s Bridgewater waterfront is ready to undergo a significant transformation after years of planning.

At an event held on June 25th, Mayrose-Tycon announced MADY Development Corporation as the builder of the planned mixed-use project that will contain condos, hotel and retail space.

Mayrose-Tycon has owned the property for more than two decades and the new development is expected to breathe new life into Burlington’s waterfront.

Upon completion, the development will feature an eight storey 152 unit four-star hotel and 170 luxury condominium units across two towers with commercial retail space on the ground floor. The condo component will be called Burlington on the Water and will feature interior design by Gluckstein Design and architecture by Page + Steele and IBI Group.

BuzzBuzzHome News was on the scene in Burlington to get the scoop and snap some pics. Check them out below!

MADY Development Corporation selected by Mayrose-Tycon Limited to build long-awaited Burlington waterfront mixed-use development. Shown (L-R): Mayrose-Tycon Limited Principal Matt Jaecklein, MADY Development Corporation Senior Vice President and Chief Financial Officer Greg Puklicz, Burlington Ward 4 Councillor Jack Dennison, Ward 5 Councillor Paul Sharman, Ward 1 Councillor Rick Craven, Ward 2 Councillor Marianne Meed Ward, Burlington Mayor Rick Goldring and MADY CEO Charles Mady.

MADY Development Corporation selected by Mayrose-Tycon Limited to build long-awaited Burlington waterfront mixed-use development. Shown (L-R): Mayrose-Tycon Limited Principal Matt Jaecklein, MADY Development Corporation Senior Vice President and Chief Financial Officer Greg Puklicz, Burlington Ward 4 Councillor Jack Dennison, Ward 5 Councillor Paul Sharman, Ward 1 Councillor Rick Craven, Ward 2 Councillor Marianne Meed Ward, Burlington Mayor Rick Goldring and MADY CEO Charles Mady.

President of Mayrose-Tycon Limited, Matt Jaecklein announced MADY as the project's developer.

President of Mayrose-Tycon Limited, Matt Jaecklein announced MADY as the project’s developer.

MADY CEO, Charles Mady spoke of his excitement for the project.

MADY CEO, Charles Mady, spoke about his excitement for the project.

Burlington Mayor Rick Goldring spoke of the positive changes the development will bring to the city's waterfront.

Burlington Mayor Rick Goldring explained the positive changes the development will bring to the city’s waterfront.

Many industry VIPs as well as area residents attended the event.

Many industry VIPs as well as area residents attended the event.

We’re looking forward to hearing more about this game-changing project in Burlington soon!

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