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Leamington Purchases Land For Waterfront Development

Tuesday November 1st, 2022, 2:01pm

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Leamington is acquiring prime waterfront lands, that will set the stage for transforming the waterfront into a destination experience.

An agreement of purchase and sale for the property located at 50 Gold Coast Road was entered into on November 9th, 2020, with an October 31st, 2022, closing date. At the request of the seller, the specific terms of this agreement remained confidential until the date of closing.

An agreement of purchase and sale for the property located at 399 Erie Street South was entered into on June 13th, 2022. This agreement is conditional upon the certification and registration of a survey under the Boundaries Act which is expected to be completed in 2023.

When added to the property located at 34 Gold Coast Road acquired by the Municipality in January 1998, six acres of contiguous waterfront lands will be established from the southern extent of Gold Coast Road to the water’s edge.

The acquisitions, funded from the Municipality’s strategically established reserves for this purpose, will bring closer the establishment of a boardwalk linking the dock and Marina to Seacliff Park.

“The purchase of these lands is a critical piece in creating a continuous, connected public waterfront and creating several economic development opportunities,” said Peter Neufeld, Chief Administrative Officer. “Importantly, it also creates a space for the entire community and visitors alike to enjoy for many generations to come.”

The land purchases were recommendations outlined in the Waterfront Destination Master Plan approved by Council in principle, at its meeting held on June 14, 2022. The master planning process included stakeholder interviews and extensive online community engagement that contributed significantly to this plan’s vision for the waterfront and key recommendations.

For more information, visit www.leamington.ca/waterfront

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