Projects Update

In our last update for the Bradley project, we shared that the project was progressing steadily following the City meeting in June 2025, with consultant teams addressing initial review comments and advancing toward the First Detailed Engineering Submission. We also noted that preparations were underway for the Condo Block through the City’s pre-consultation process and that coordination with adjacent landowners would follow as the engineering review advanced.

Since then, an architect was retained and a Pre-Consultation submission for the Condo Block was completed on October 15^th, 2025, followed by a city meeting held on November 20^th, 2025. The outcome of this meeting helped confirm design limitations and permissions within the condo block, and revisions are now underway in preparation for a kickoff meeting on December 18^th, 2025 - Q4 2025. In parallel, following the City’s review of the detailed engineering submission, the team will reconnect with the adjacent property owners, Drewlo, to coordinate civil servicing in line with recent correspondence and technical requirements.

These steps continue to advance both the subdivision and the Phase 2 Condo Block in parallel, positioning the project for upcoming submissions and approvals.

Upcoming Milestones:

Condo Block SPA kick-off meeting: December 19th, 2025
First Detailed Engineering Submission Comments: Q1 2026
Second Detailed Engineering Submission: Q1 2026
Site Plan Application (Condo Block): Q1 2026

Timelines:

Official Plan Amendment: Completed
Zoning By-law Amendment: Completed
Draft Plan of Subdivision Conditional Approval: Completed
Draft Plan of Subdivision Approval: Q2 2026
Site Plan Conditional Approval: Q2 2026
Site Plan Complete Approval: Q3 2026
Building Permit Issued: Q4 2026 (Plan of Subdivision)

All projected timelines are indicative and reflect current market conditions and planning assumptions. As with any development project, these estimates remain subject to change due to evolving regulatory, market, and construction environments. Accordingly, dates should be considered as targets rather than definitive deadlines.