SkyDev has begun construction on a multi-phase, master-planned apartment community in Barrie, Ontario, called “Sky Towers”. Phase 1 of the project will comprise two high-rise buildings slated for completion in 2027, bringing 541 new rental suites to the market including 32 affordable units. Future phases will see a third tower and a 9-storey building added to the complex providing an additional 387 rental suites.
SkyDev, part of Skyline Group of Companies, held a ground-breaking ceremony on November 15, 2024, to celebrate the construction kick-off. The team was joined by Doug Downey, MPP for Barrie-Springwater-Oro-Medonte, Paul Calandra, Minister of Municipal Affairs & Housing for Ontario, and Mayor of Barrie, Alex Nuttall.
“Our communities are growing, and having projects like the new Sky Towers project reflects the need for urban density along our growth corridors,” said MPP Downey. “Having strong partnerships between municipal and provincial governments will help us to achieve and exceed the housing targets set to meet the needs of our growing population. I look forward to welcoming new residents to the City of Barrie, and our continued partnership with the Mayor and council on this, and other housing projects.”
“We are proud to be at the forefront of the cities and communities taking decisive action to get new homes built quickly as demand continues to rise,” added Mayor Nuttall. “The Sky Towers development is fully aligned with our housing strategy. We look forward to seeing it take shape, enabling more people to enjoy living and working in our city. I thank Skyline for its investment in Barrie’s future, and I congratulate all project partners on a successful project commencement.”
Sky Towers is located near the Highway 400 and Bayfield Street intersection in Barrie, a 40-minute drive from the GTA. It will feature open-concept suites with high-quality finishes, many offering views of Lake Simcoe. Residents will have a wealth of on-site amenities at their fingertips, including an indoor/outdoor central rooftop amenity space overlooking Lake Simcoe; electric vehicle (EV) charging stations; a pet spa; kitchen, bar, lounge and games room as well as a gym and yoga facility. A variety of restaurants, shopping, and grocery stores are within a five-minute walk.
Skyline is developing new rental housing in 10 additional communities, with over 600 apartments completed, 1,100 under construction, and 3,000 more in the pipeline.
For more information, visit: Skyline Group of Companies | Asset Management & Investment
