It has been a long year for the Collier Centre project here in Barrie but the sale has finalized and the new owner will take procession immediately. Workers are to be on the site by months end and the completion target is a short 12-14 months out.
In August, Fortress Real Developments’ offer to purchase the unfinished property fell apart due to their inability to secure financing through the Laurentian Bank. They now look forward to finishing what will arguably be the best address for residents and retailers alike. The Lakeview Condominium Development is sold out, however, with Sobeys pulling out of their lease agreement, there is some work to be done in securing tenants.
Ellis Don, one of Canada’s top builders, has been awarded the contract to finish the project. This is fantastic news for Downtown Barrie.