Construction is underway at Spencer Place, a new multi-residential development in the community of Simcoe, Ontario. Upon its projected completion in spring 2027, the rental project is slated to make a significant addition to the local housing supply, with 199 rental suites comprised within two six-storey buildings.

Skyline Group of Companies held a private ground-breaking ceremony on October 16, 2024, to celebrate the construction kick-off. The event was attended by Norfolk County Mayor, Amy Martin, who referred to the project as “a crucial step” toward addressing Simcoe’s housing challenges.

“Congratulations to Skyline and all project partners for breaking ground on this new rental development, which will be a welcome addition to our community,” she said. “Demand for multi-residential housing remains high across Canada, impacting communities of all sizes. Norfolk County, located southeast of London, Ontario, has faced a significant shortage of rental housing in recent years, reporting a vacancy rate of just 0.2 per cent in 2023.”

Spencer Place is located close to natural greenspaces and trails, an array of retailers, services, and restaurants. The master-planned community will include modern finishes and offer on-site indoor and outdoor amenities including a fitness centre, games rooms, an outdoor patio, a dog run, and pickleball courts.

“We continue to see high demand for rental housing in communities like Simcoe,” said Jason Castellan, Co-Founder & CEO of Skyline Group of Companies. “We are proud to be investing in Canada’s secondary and tertiary communities where we can not only provide new rental housing where it is needed most, but also bring forward an opportunity for more people to live and work in this area.”

The Simcoe project is being facilitated by SkyDev, which is also developing new rental housing in 10 additional communities, with over 600 apartments already completed and 3,000 more in the pipeline.