A local developer has unveiled plans for a massive “urban village” that would add almost 1,000 residential units and one million square feet of new buildings to a site just outside Kitchener’s downtown.
Investors are building more highrises near planned rail transit stations and people are moving into them, census counts and building permits show.
Several towers have sprouted near three planned stations in downtown Waterloo. New census counts reveal that neighbourhoods around the stations are growing at triple the regional rate, adding 1,087 residents since 2011.
Zac Zehr can see the future from a second-floor balcony at the former Ratz-Bechtel funeral home on King Street W. — the view will be much different a decade from now.
A massive mixed-use development with four residential towers is going to be built out across the city’s skyline, just north of the Victoria Street intersection.
Zehr has already promised to bring us back for an after-photo.
A regional developer wants to revamp a section of Kitchener near the proposed new transit hub to create a neighbourhood with what it calls an “urban village” vibe.
The Zehr Group is planning condominiums, ground-level storefronts and office space on a six-acre site on the corner of King and Victoria streets.
The purchase of a small property paves the way for a big redevelopment of 2.4 hectares of land fronting along King Street West that will cost hundreds of millions of dollars.
The Zehr Group announced Friday it completed the purchase of 641 King St. W. in Kitchener, and now owns all of the land between the railway tracks and Wellington Street South, and into the block as far as the Ontario Seed property.
Ground broke Monday on what will soon become the newest set of condo towers looming over the downtown Kitchener skyline.
One Hundred – the name for the 19-storey and 15-storey buildings going up at 100 Victoria Street South, just south of Joseph Street – is the work of Momentum Developments, which also built the 1 Victoria tower at Victoria and King streets.
A pair of local developers announced a strategic partnership Monday at the sod-turning for a condominium project on Victoria Street that is worth more than $100 million.
Momentum Developments and Zehr Group will jointly develop the 348-unit project at 100 Victoria St. S. The development, called One Hundred, will include a podium building with three floors capped with a rooftop terrace, and two towers rising above it.
From the second-floor office in his mansion, industrialist Jacob Kaufman could look up from his desk, glance out the window and see the thriving rubber factory he had built, down the hill from his home.
Today, a redevelopment of the land around that once-gracious home hopes to bring it back to its former glory, and preserve the view that tells so much about Kaufman’s pride in what he’d accomplished.
Zehr Group is looking to break ground in early 2018 on a massive mixed-use development in downtown Kitchener, Ont. after acquiring the historic two-acre Ratz-Bechtel property.
“We’re very excited about the potential for this entire site,” says Zehr Group CEO Don Zehr. “It will play a key role in the ongoing transformation of Kitchener’s downtown core.”
For ongoing updates on The Walter Midtown project, an exciting partnership between Zehr Group, Vanguard Developments and The McGillivray Group, see @WalterMidtown!