[Guelph, ON – March 31, 2021]
Development has begun on a new 142-suite rental apartment building at 1200 & 1250 Southfield Drive in Tecumseh, Ontario.
SkyDev, the property’s developer, held a private groundbreaking ceremony on Wednesday, March 31, 2021, to celebrate the kick-off of the development’s construction. The event was attended by Mayor McNamara of Tecumseh, as well as Deputy Mayor Joe Bachetti and Ward 3 Councillor Rick Tonial.
The new development, called Southfield Green, is owned by Skyline Apartment REIT. Once the development is complete, the complex will be managed by Skyline Living, which currently manages 299 suites across three buildings in Tecumseh, including 11873 and 11917 Tecumseh Road East, adjacent to the new development site.
SkyDev, Skyline Apartment REIT, and Skyline Living all operate under Skyline Group Of Companies, based in Guelph, Ontario.
“SkyDev is proud to break ground in Tecumseh and offer new, high-quality rental housing to 142 families in the face of a pandemic,” said Greg Jones, President, SkyDev.
“The past few months has intensified the housing crisis in Ontario. The need is stronger than ever in the region with availability of rental apartments at all-time lows. Southfield Green will provide more availability and choices to the people of Tecumseh.”
The Southfield Green development will comprise a four-storey complex with luxury suites and on-site amenities, including an indoor/outdoor lounge and terrace, a dog run, and an on-site gym and yoga studio. The site is well located within walking distance to grocery stores, restaurants, and transit. The suites will boast fantastic views of the adjacent Southfield Park.
The development will also have several environmental features, including on-site EV chargers and a community garden.
“I’m pleased that Skyline is expanding its presence in our town, where we have seen substantial demand for new housing,” said Mayor McNamara.
“Residential developments like Southfield Green will significantly contribute to the growth and vibrancy of our town, allowing more families to live, work, and shop here.”
The development is slated for occupancy in Summer 2022. Those interested in renting at Southfield Green can visit SouthfieldGreen.ca for more information.
The groundbreaking was recently featured on windsoriteDOTca News.
SkyDev is a real estate development and construction oversight firm based in Guelph, Ontario.
Providing its services to Skyline Group of Companies, as well as new partnership ventures, SkyDev aims to be the property developer of choice among its key stakeholders.
SkyDev is committed to creating meaningful value through its expertise in the development of sustainable multi-residential, office, and retail real estate across Canada.
To learn more about SkyDev, please visit SkyDev.ca.
SkyDev is part of Skyline Group Of Companies.
About Skyline Apartment REIT
Skyline Apartment REIT (the “REIT”) is a privately owned and managed portfolio of primarily multi-residential properties, focused on acquiring both established and newly developed properties in secondary and tertiary communities across Canada.
Skyline Apartment REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the exclusive Exempt Market Dealer for the REIT.
Skyline Apartment REIT is committed to providing best in class apartment suites and service to its residential tenants, while surfacing value with a goal to deliver stable returns to its investors.
To learn more about Skyline Apartment REIT, please visit SkylineApartmentREIT.ca.
To learn about additional alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca.
Skyline Apartment REIT is operated and managed by Skyline Group Of Companies.
About Skyline Living
As one of Canada’s most prominent apartment rental providers, Skyline Living exists to provide safe, clean, and comfortable places for its residents to call home.
Providing homes in dozens of communities across Canada, Skyline Living is an industry leader in customer service, environmental stewardship, and community giving. It works to create and maintain thriving, vibrant communities for its residents, employees, and the neighbourhoods in which they live and work.