Valente breaks ground on new $7M downtown condo project
Wednesday, May 15, 2019
Valente Development Corporation is proceeding with construction on its $7-million residential condominium project.
A groundbreaking ceremony is being held on Wednesday morning for the building named "955 ~ On the Avenue."
"I believe that bringing new residential downtown is the first step in the revitalization of Windsor's downtown,” says Valente president Peter Valente. “Once a critical mass of residents is established then you will see businesses open to support the demand."
The building will consist of 32 new modern luxury apartment condominiums that are offered for long term rental contracts.
The project is located at 955 Ouellette Ave., which is just north of Erie Street and Hotel Dieu Grace Hospital.
This project has been approved by the City of Windsor, as a catalyst project under its Downtown Community Improvement Plan and will take advantage of a host of incentives available under that program.
Full construction will begin next week and the project is expected to be competed in 12 months.