Projects Update

We have faced some challenges with the Smithville project due to delays and a case of trespassing as a farmer planted crops on our property without approval, causing ploughing issues.

Currently, we are working on the completion of essential archaeological and geotechnical reports. While the reploughing has caused some setbacks, our team is actively addressing these challenges to ensure that the reports are completed in a timely manner. These studies are essential for guiding our next steps and ensuring that we proceed with the development in a responsible and sustainable manner.

In addition to these efforts, we have successfully navigated the environmental challenges, including mapping the karst and watercourse, allowing us to maintain the project yield of 180 apartments and 39 townhomes, totaling 219 units.

With the Zoning By-law Amendment (ZBA) submission underway, including the payment received on December 3, 2024, and the recent Pre-Consultation Meeting on December 7, 2023, we are making good progress towards the Plan of Subdivision  stage. We are confident that the upcoming months will see continued forward momentum despite the recent delays, and we are committed to delivering this project as envisioned.

We deeply appreciate your ongoing support and look forward to updating you on further developments as we move towards achieving a Draft Plan of Subdivision (DPS) and Site Plan Approval (SPA).