The City of Peterborough is holding a drop-in meeting of a multi-storey affordable housing development on 681 Monaghan Rd. to view the design and speak with the project team announced on Thursday.
The meeting is being held at the Healthy Planet Arena banquet hall from 5:30 p.m. to 7:30 p.m. on Feb. 7.
“Our community is taking action to create more affordable housing. The new development on Monaghan Road along with projects such as the 85-unit second phase of the Hunt Terrace development on Bonaccord Street are essential to the health of our community, providing homes for individuals and families,” said Councillor Keith Riel, Chair of Council’s Housing Portfolio.
The property on Monaghan Road is between Gillespie Avenue and McKellar Street. Initial building plans are six storeys with 53 units, including 37 one-bedroom units, 11 two-bedroom units and five three-bedroom units.
The project is in the preliminary design stage. Construction could start by late spring-early summer and be completed by summer next year, depending on funding applications.
Residents can post comments and ask questions about the development by going online. The project team will respond to questions submitted through the project page. Submitted questions and responses may be shared for other viewers to see without identifying the person who submitted the question.
The existing former office building is being removed in preparation for the new unit. The City acquired the property in November 2020.
Salandria Ltd. has been contracted with the building’s demolition to be done in mid February.