NEWS RELEASE
CITY OF WELLAND
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The City of Welland and LIV Communities closed the sale agreement for Northern Reach — land situated to the west of the recreational canal from Woodlawn Road and north to Merritt Road — on April 23. This sale marks a significant milestone in the City's ongoing development efforts, bringing new opportunities for residents and enhancing the community's vibrancy.
The sale, encompassing approximately 152 acres of prime real estate, was finalized for a total of $35 million. This transaction is the culmination of a rigorous process that commenced in August 2021. After a thorough and thoughtful evaluation, Welland City Council chose LIV Communities as the developer in 2022.
”We’re excited to see this project move forward and are confident that LIV Communities will deliver a development that enhances our city,” said Mayor Frank Campion. ”This development will provide much-needed housing options and create new connections within our community.”
The development is projected to include approximately 3,800 to 4,000 dwelling units, catering to diverse housing needs. Moreover, the project prioritizes connectivity, with comprehensive plans to seamlessly integrate the new development with existing neighbourhoods and the surrounding area, fostering a strong sense of community and enhancing the quality of life for residents.
“Northern Reach, to be branded as Lock and Quay, will expand the recreational corridor by providing opportunities to connect new and existing residents to the improved amenities along the linear open space,” said LIV Communities President Aaron Roque. “By transforming the overall development vision through urban design principles, this development serves to carry on our tradition of building immaculate homes and master planned communities. We thank the City of Welland for putting their trust in us and we are excited to make this vision a reality.“
One of the development’s key features will be its connectivity to the recreation trail, providing residents with easy access to outdoor amenities. LIV Communities has also committed to constructing parks and a pedestrian bridge to Merritt Island, further enhancing the availability of recreational offerings for residents.
As the City of Welland continues to grow and evolve, partnerships with developers like LIV Communities play a crucial role in shaping its future. The City looks forward to working closely with LIV Communities to ensure the successful realization of this exciting development project.
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