A third high-rise building is being added to a major development project in Barrie's north end near Highway 400 that has transformed the city's skyline.
Located at Grove Street and Toronto Street, the City says Tower C of SkyDev's development project will have 365 rental units, including 73 affordable homes supported by Barrie's development charge deferral program.
When combined with Tower A and Tower B, this development will have 930 units, with 105 of them marked as affordable.
Through an agreement with the County of Simcoe, up to 32 households currently living in subsidized housing will have the opportunity to transition into new affordable units within the development as they become available.
The City says these transitions will help create capacity within the subsidized housing system, supporting other residents and families waiting for housing assistance.
"This is what strong partnerships look like," said Mayor Alex Nuttall. "The City is working to create the conditions for more housing. SkyDev is delivering new affordable rental opportunities, and the County is helping to ensure these homes create the greatest possible impact for residents across our community."
