Page 114 - Escarpment Magazine - Spring 2012

Basic HTML Version

114
Escarpment Magaz ine Spr ing 2012
Theatre Collingwood is creating a new home base in the Enterprise Bulletin
building at the corner of St. Marie and Simcoe creating an arts hub in the
downtown district. Performances will continue to take place at the Gayety
Theatre. The Enterprise Bulletin is moving next door to a 140 year old his-
toric newly restored building. The former Collingwood Library is becoming
a Seniors Care Facility and currently undergoing renovations. The Library
Lodge at 100 Second Street will provide a senior’s upscale facility with 24
hour care, a strong medical staff, full dining and a lock down wing for sen-
iors with early onset Alzheimer’s.
AGNORA, otherwise known as Architectural Glass North America, for-
merly Barber Glass, is breaking all expectations and recently received
$3.71million in funding through the Federal Economic Development
Agency for Southern Ontario to expand its production volumes and con-
struct a research and development lab.
The Town of Collingwood and PowerStream are forming a strategic part-
nership to enhance the delivery of electric utility services in the Collingwood
area. Council has approved selling a 50% interest in Collingwood Utility
Services Corp. for $14-$15 million. PowerStream is the second largest mu-
nicipally-owned electricity distribution in Ontario.
Blue Mountain -
BlueMountain wound up 2011with construction val-
ues of $50,411,744 (versus $58,982,589 in 2010 and $50,794,629 in
2009.) Values for the first quarter of 2012 stand at $2,115,100, lagging
the $6,683,775 2011 figure.
The decline in population figures in TBM is interesting because dwellings
increased from 5,619 to 6,200. In 2006 52.6% of the dwellings were oc-
cupied permanently, 45.9% in the latest census, probably due to aging and
out migration while the seasonal population is increasing enhanced by new
dwellings close to recreational opportunities.
Georgian Gate is in the process of satisfying the draft plan condition and
hopes to start servicing this spring or early summer. Now called Windfall,
the mega six-phase project at the corner of Mountain Road and Osler Bluff
Road with a total area of 54.43 hectares, is proposing a maximum of 747
residential dwelling units, a community park, commercial uses, a private
recreational block, open space and natural environmental areas. This in-
cludes 351 detached homes and 258 semi-detached homes and 36% of
the project will be open space. Details can be found on the BlueMountains
website. Terrasan, another mega project on 62 acres in Craigleith is now
for sale, under power of sale, for $13,500,000. Telfer Lifestyle Village,
Thornbury Meadows, is on a Napier Street 10-acre property. The devel-
oper is now proposing an 86-unit adult lifestyle village rather than the pre-
vious 97-unit figure.
The short term accommodation (STA) bylaws are in full force and effect fol-
lowing the OMB ruling in favour of the town after a lengthy hearing when
short-term renters appealed the STS bylaw. Although this decision has been
appealed a date has not been set. The 2012 budget includes a $20,000
contribution towards the construction cost of an OPP satellite office at the
Village of Blue, a municipal/private partnership. The $20,000 represents
about half the cost of renovating the facility between Jack and Maddy Toy
Store and Echo Trends. TBMcouncil has awarded the contract for the dem-
olition of the Old City Hall to McGowan Construction.
With the 2012OntarioWinters Games at Blue and various venues in the area,
the Audi FIS Ski Cross World Cup and the 2012 LG Snowboard FIS World
Cup, the calendar was full at Blue Mountain. The resort is adding two new at-
tractions this spring, Timber Challenge High Ropes and theWoodlot Low Ropes.
Timber Challenge consists of seven courses, suited to three progressively difficult
levels, spanning between trees at various heights off the ground.
MARKET WATCH
|
real estate market updates
705.429.9373
1.866.202.8640
Toll Free:
Local: