Yesterday (June 27), the City of Kawartha Lakes, Mason Homes, and Craft Development Corporation announced a partnership to develop commercial lands in northwest Lindsay.
The development at Highway 35 and Colborne Street will include a 100,000 square-foot-retail space to be built by Craft Development Corporation and as many as 750 single-family homes and townhouse units to be built by Mason Homes.
“This is a milestone in our city’s development,” said Mayor Andy Letham. “It represents years of investment and planning that was necessary to attract Craft and Mason Homes to our area.
“I’m thrilled that this partnership has been announced, and trust that we are well on our way to a new era of development in Kawartha Lakes.”
Earthworks on the commercial and residential site is expected to happen this summer, with building construction to begin in 2018.
Once the development is completed and the retail space opens for business (usually within two years of construction), it’s expected to employ 350 to 450 full- and part-time employees.
The retail space will be anchored by a as-yet-unidentified large retailer. However, previous plans for the site at Highway 35 and Colborne Street were focused on attracting Walmart.