Fencing around the Waterview Retirement Resort development on Vernon Street was removed this week to allow for additional parking during the holidays.
Vendure Living, the project developer, asked the project’s construction crews to temporarily remove the fencing to ease parking demand in the downtown core.
“It is nothing too interesting other than we asked our construction crew to bring in the fencing yesterday to allow for more parking during the holiday season,” said Cindy Shaw, marketing director with Vendure.
Shaw said the company is finalizing refinancing for the project and still plans to open a presentation centre in the spring.
Work at the site began in fall 2023. The project was originally expected to be finished the following spring but is now aiming for a 2026 completion date.
The project will feature 125 suites for people aged 55 and up, with options for supported or independent living.
It will also include 5,000 square feet of commercial storefront space for lease.
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