Upcoming Loft and Condo Developments in Downtown Kitchener

By Warren McNeil,

We have been contacted recently by a few people who are thinking about moving into the Kitchener Downtown Core because of a couple of upcoming developments. These new developments are the “City Centre Condominiums” which is being developed by Andrin Homes award winning builder of the Kaufman Lofts and the Arrow Lofts which are being built by Auburn Developments. These new upcoming developments in downtown Kitchener are going to be happening in the next couple of years. Here is a quick breakdown.

The Centre Block Development by Andrin Homes is a multimillion dollar redevelopment of the centre block. This new development is expected to breathe new life into the downtown area. Andrin homes proposes a mixture of residential development, ground floor retail and connected private and public outdoor spaces.

For more information about this new development, please see the FAQ for the Centre Block proposal 

The Arrow Lofts are a factory conversion of the old Arrow Shirt factory. Here is a breakdown of what the lofts will be like:

• converted factory with 134 units
• 16 storey building with 184 units
• 900-1300 sq.ft
• 12 foot ceilings
• top floor units are proposed to be 2 bedroom units with a nice view of downtown Kitchener and Victoria Park

Here is a quote from Auburn Developments about the new Arrow lofts that are going to be built:

“Combining Kitchener’s rich heritage with modern, spacious design, Arrow Lofts will see the conversion of the former Arrow shirt factory into a beautiful residential space.  Located on Benton Street, this exciting two-phased development will include 134 units in the converted factory, and 184 units in the new 16-storey building just to the west.  Ample parking and nearby amenities will make Arrow Lofts the perfect base to take advantage of Kitchener’s vibrant city life.”

In addition the afformentioned developments, there is also the Tannery District which I mentioned the other day in a blog post…

“The Tannery District“. The redevelopment of this property was a result of the city’s 30 million investment in the new U of W’s School of Pharmacy which is located nearby. The Tannery District will be filled with restaurants, retail and office space catering to emerging technology. The Tannery’s central courtyard will be a venue for special events and festivals.

These new developments are really going to help transform the downtown core. In five years, downtown Kitchener is going to look alot different. If you don’t want to wait for these condominiums to be built, there are plenty of resale lofts and condos available.

Thanks for reading!

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118
Connect with us on the following social networks Facebook: www.facebook.com/TeamMcNeilRemax
websites: www.TeamMcNeil.com, www.ClickThatHouse.com, www.KitchenerLofts.com, www.ElmiraRealEstate.ca

By Warren McNeil

Andrin Homes President Peter Smith said that there will be an agreement in place next month (January 2010) for the re-development of the city-owned half of Centre block which is bound by King, Young, Duke and Ontario streets.

The project will add 385 new condos to the downtown core. Andrin Homes is planning to build a sales office on the block fronting on King Street West.

They are planning on starting sales in August of 2010. The first phase will include a building with 235 condos and will face Duke St. Phase 2 will have 150 condo units on King St. The last phase is  a boutique hotel in what is currently the Mayfair hotel.

“The City of Kitchener is targeting young high-tech workers in its marketing campaign for downtown living. It’s paying dividends, as many high-tech workers bought space in the Kaufman Lofts. Open Text recently announced it is constructing another building in the research park and hiring another 800 people.”

Andrin Homes built the award winning Kaufman Lofts.

Source: City and developer near deal for long-awaited project

Thank you For Reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil
Re/Max Twin City Realty, Brokerage ( 519.579.4110 
8 www.TeamMcneil.com, www.LoftStyle.ca, www.ClickThatHouse.com  
P.S. Looking for a condo or loft, check out our brand new website at www.LoftStyle.ca!

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