WINDSOR, ONT. Over the past decade, a slow trickle of development has taken place in our core neighbourhoods, but right now construction activity is popping up in ways not seen in decades. And on Monday council will receive four applications to its community improvement plan (CIP) for property tax incentives and facade grants totalling $700,000. “What you’re seeing is the intersection of a hot real estate market with your municipal incentives coming into play,” says Windsor Mayor Drew Dilkens. The Canada Building at 364 Ouellette Ave. is getting a $20 million overhaul with ground floor retail, second floor commercial and 85 apartments.
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For a window into Windsor’s suddenly surging population, check out the yet-to-be-built Rosewater Estates subdivision off Lauzon Road.
In matter of weeks, every one of the single family homes available 101 building lots owned by three local homebuilders were purchased in a remarkable flurry earlier this year. And the vast majority of buyers were from the Greater Toronto Area.
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“All three of us (builders) are sold out and the roads haven’t even been put in. The demand, we’ve just never seen this before,” Maple Leaf Homes owner Bruno Cacilhas said. He said he couldn’t keep up with the offers on the 31 lots he had available.