Simcoe County Council has given the green light to invest $186-million in a new mixed-use building on Rose Street in Barrie.
The development will feature 176 units and an array of community services for deserving families, seniors, and individuals looking for long-term and sustainable housing solutions.
The building will boast a variety of housing types, including affordable options, rent-geared-to-income units, and homes for the "missing middle". There will also be dedicated spaces for social, health, and community partners, including an Ontario Works office, community programming, and even a possible daycare space and medical offices.
"We're thrilled to announce this new project, which is all about building up our communities and creating a foundation for our regional housing strategy," said Warden Basil Clarke. "This isn't just a building - it's a source of hope and stability for future residents, and we're excited to see the positive impact it will have on the area."
The Rose Street location provides easy access to commercial amenities, schools, and transit, making it an ideal spot for families and individuals looking to put down roots.
Construction is slated to begin in early 2024 with a completion date of 2026-2027.
In addition, the County is exploring options to maximize the Rose Street site, with staff set to report back on potential additional units in the coming months.
banner image: County of Simcoe