Shopping Plaza
Belmont Equity Partners secured Official Plan and Zoning By-Law Amendments through an OMB to construct a commercial plaza with over 100,000 sq. ft. of leasable area, located with prime exposure, and secured key first-class tenants such as Longo’s, Starbucks, Dollarama, and Pharmachoice.
Belmont Equity Partners’ hands-on approach to the development process ensured high-quality design and construction, and the successful lease-up of the project with a hand-picked, complementary mix of tenants. A significant portion of land was dedicated to the Town of Ajax for open space. The shopping centre has maintained a virtually zero vacancy rate, establishing itself as a premier destination for the surrounding community.
Residential Building
Recognizing the opportunity early, Belmont held off on the final phase of development to secure entitlements for residential intensification.
Recognizing the opportunity early, Belmont Equity Partners held off on the final phase of development to secure entitlements for residential intensification. The property has now been rezoned to allow residential uses, with Belmont Equity Partners advancing a 10-storey purpose-built rental concept for the undeveloped portion of the site. Delivery of this product will showcase Belmont Equity Partners’ forward thinking through thoughtful placemaking to create a complete and integrated community.
