220 Bradford Street, Barrie (Allandale Centre), L4N3B6

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Description

For sale: 220 Bradford Street in Downtown Barrie, steps from Kempenfelt Bay, Centennial Park, the GO Station, and Barrie's urban core. This prominent site is within the Bradford Street corridor, now under review for future revitalization. The proposed development features a 14-storey high-rise with 122 one- and two-bedroom PURPOSE BUILT RESIDENTIAL RENTAL units above a 4-storey open-air parking podium. The project includes 154 parking stalls (on-grade and above), accessed from Bradford Street. The narrow end of the lot extends the podium while reducing visible mass from the street. Rooftop amenities, some open to the public, are designed to offer waterfront views and balance the parking footprint below. The total gross floor area is 110,642 SF, with 3,598 SF of ground-floor commercial space envisioned for potential public use, such as fitness or office facilities, and grade-level access to rooftop amenities via elevator and stair shafts, keeping the residential component private and secure. The building has been thoughtfully designed with high-quality materials at street level to create an active pedestrian experience. Loading and services are recessed and minimally visible from the street. Located in the rapidly growing mid-sized city, less than 100km north of Toronto, of Barrie, which is forecasted to double its population by 2051. The city issued over $1B in building permits 2023-2024 alone. With proximity to both Toronto Pearson and Lake Simcoe Regional Airport, a steady flow of skilled talent from Georgian College, and a diverse economic base including healthcare, manufacturing, and tech, Barrie is poised for significant investment and sustained growth. All levels of government has current incentives available to increase the supply of rental units... take this opportunity, already well through the planning process, to get your shovels in the ground. Potential for more units with changes in Planning requirements since initial site plan was developed. (id:39198)

62 days

On Market

Vacant Land

Property Type

$11,910 / Year

Est. Annual Taxes

Other

Style

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Garage

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Basement

Location & Areas