The city has sold 23 hectares or 57 acres of land on Shellard Lane to a Toronto real estate development company.
The sale of 346 Shellard to Lindvest Acquisition, is expected to close in three months.
Purchase price wasn’t disclosed.
Brantford CAO Darryl Lee says “the city is thrilled to welcome Lindvest to our growing list of premier development partners.”
We are very excited to be part of the fabric of this growing community”, said Shmuel Zimmerman, Vice President, Lindvest Acquisition Corporation. “We look forward to working closely with the City to bring Lindvest communities’ stunning and contemporary designs to Brantford.”