With plenty of focus on development in Waterloo and Kitchener for the past few decades, now it’s Cambridge’s turn to step into the technology and expansion lime-light.
The growth of multiple condominium lofts and apartments in Galt will be joined by the Gaslight District by HIP Developments. Planned as a complete community with a cobbled square, it will be centred within Grand Avenue, Fraser Street, Glebe Street and St. Andrews Street, next to the Grand River in West Galt.
The expansive project will span 2 years, with the projected result being a European look and feel housing 400 residential units, a tech hub based around Conestoga College’s tech programs such as advanced manufacturing and cyber-security, as well as restaurants, and retail.
This 100 million dollar investment will include selective demolition of portions of the Southworks Factory Outlet which currently is home to nearly 50 shops.
HIP’s other projects in the region have included 181 King in Waterloo, Trio on Belmont in Kitchener and the River Bank Lofts in Hespeler.