(Barrie, ON) – The City of Barrie today announced two new purpose-built rental housing developments brought forward by Street Properties and YYZed Project Management that will deliver 341 new rental units, including 69 affordable units.
The developments include 188 units at 53 Coulter Street, including 38 affordable units, and 153 units at 375 Yonge Street, including 31 affordable units.
“By working with Street Properties and YYZed Project Management and continuing to support purpose-built rental housing, we are helping deliver the kind of housing our residents need,” said Mayor Alex Nuttall. “These 341 new rental units, including 69 affordable units, are another major step toward making housing more attainable for families, young people, and seniors in Barrie.”
“Barrie is demonstrating real leadership when it comes to tackling housing affordability and accelerating new rental supply,” said Sam Di Pasquale, Director at YYZed Project Management and Street Properties Representative. “We are proud to partner with the City on projects that will create more housing options for residents and contribute to the long-term growth of the community.”
These 69 affordable units are part of more than 770 affordable units approved by Council across the city through continued investment, strong partnerships, and housing incentive programs.
