A leading developer has announced that it has just finished construction and registration work on a 4.9 acre office and commercial condominium development in south Oakville.
Fortress Real Developments Inc. has completed Kingridge Square, which is comprised of four buildings situated at 209, 217, 225 and 235 Speers Road.
Sales of the units—which range from around 1,000 square feet to 1,600 square feet—began in 2014, with the first buyers taking ownership earlier this year.
“The buildings are occupied by a variety of small businesses including accountants, tax advisors, lawyers, engineering firms, insurance agents, investment planners, realtors, construction companies, and medical professionals,” Fortress stated. “The site has easy access to the QEW and is immediately adjacent to the burgeoning Kerr Village area, which provides tremendous exposure and ease of use for the owners and tenants, as well as their customers.”
Fortress officials expressed pride at the development.
“It was originally envisioned as a high-rise apartment site, but our partner Dan Marion at Kingridge immediately recognized the opportunity to shift the use to a low-rise office and commercial condo development. We were fully on board with the shift in built form, and the results speak for themselves,” Fortress CEO Jawad Rathore said.
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