OSHAWA, ONT. — Atria Development has acquired 47 Simcoe Street South, a former Canada Post building, which will be redeveloped as part of the city’s downtown revitalization.
The new development is a mixed-use, mid-rise building that will preserve the original façade and architecture of the building. It is expected to meet the growing demand for residential options in the city.
Atria has completed a number of projects in Oshawa such as 100 Bond Street East, a fully leased 12-storey residential building; 80 Bond Street East, a 20-storey, 370 unit residential highrise now under construction at the corner of Bond and Mary; and Parkwood’s Residences, a 14-storey office conversion at Centre and Bond.
“Atria’s commitment and positive impact to downtown Oshawa has been unprecedented. As the city continues to track impressive development milestones, we welcome Atria’s plan for 47 Simcoe Street South, which will modernize the former Canada Post building while preserving its rich history and architecture within our downtown,” said Oshawa Mayor Dan Carter in a statement. “I am looking forward to upcoming virtual meetings with Atria’s senior leadership team to learn more about their proposal for the new development.”
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