Skyline Group of Companies has completed construction on a mid-rise apartment building located at 160 Lancaster Drive in Welland, Ontario. At the time of the ground-breaking in September 2020, Welland faced a low rental housing vacancy rate of 2.8 per cent.
“We know that to meet the needs of today’s housing market, we must be diverse in our offerings, and this development reiterates that commitment,” said Mayor of Welland, Frank Campion. “Families currently here and those looking to call Welland home in the future will find immediate value in projects such as this.”
Now complete, Lancaster Park Apartments brings 98 new rental suites to market. The high-efficiency building capitalizes on Welland’s renewable hydro-electric and solar energy system, and includes on-site EV chargers, a community garden, and other desirable apartment features.
“New, purpose-built rental stock is a key component of our provincial housing solution platform,” said Ontario’s Minister of Municipal Affairs and Housing, Steve Clark. “The Lancaster Park Apartments development is a great example of an infill project, making great use of available land while delivering much-needed housing options to the citizens of Welland. This project adds significantly to the local and provincial housing supply.”
Michael Parsa, Associate Minister of Housing for Ontario, added that this development and others like it will not only fulfil the primary need of housing, but also spur further economic development in the area: “Building new rental homes is crucial to boosting our economy, attracting new workers, strengthening local businesses, and ensuring prosperity for communities across our great province,” he said. “I am excited about the Lancaster Park Apartments project, which will help create good jobs and give more families in Welland a fantastic place to call home.”
Find out more at: SkylineGroupOfCompanies.ca