Fortress Real Developments To Purchase Lakeview Condominums & Collier Centre Project
Blog by Matthew & Robert Johnston | August 13th, 2015
LakeView Condos & Collier Centre Update August 2015
Businesses and condo owners who purchased or leased units at the Collier Centre and Lakeview Condo Development are breathing a sigh of relief as final approval has been granted by the courts for the sale of the project. Fortress Real Developments will purchase the project for a total of $53.5 million dollars. Completion of the project will revitalize the downtown and change the landscape of the Collier/Mulcaster corner with 82 condo units, an eight storey commercial office tower along with street and mezzanine level retail space.
The purchase is expected to close by the end of August and Fortress hopes to have the construction completed and attain 100% occupancy within one year. Click below to read the full article. Great news for downtown Barrie!