Projects Update

Q1 2024

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88 JAMES CONDOS
ST. CATHARINES

20.12.2024

As our partners are aware, we successfully sold 60% of units at 88 James during our first launch, but as market conditions softened, sales became more gradual.

 Despite these challenges, we have continued to see steady interest in the project. Now, with the recent cuts in interest rates, we’ve seen a positive shift, and we are excited to report a noticeable increase in both sales inquiries and overall market activity. This improvement signals a renewed confidence from prospective buyers, and we are optimistic about the momentum this will bring to the project moving forward.

In light of this, we are planning a relaunch in the spring of the new year, with a focused strategy to target and secure the remaining 20% of sales. Our relaunch will aim to capitalize on the recent market improvements, and we are confident that the refreshed approach will generate even greater interest. We look forward to sharing more details about the relaunch strategy in the coming months.

Looking ahead, we are targeting a construction start by late Q2 of 2025, depending on market conditions. With the combination of increased sales activity, an updated market approach, and the strong demand we've seen in recent weeks, we are optimistic about breaking ground and moving the project forward as planned.