ELM has expanded their existing commercial asset portfolio by acquiring a new commercial property on Harry Walker Blvd, in Newmarket, ON. This 3.4 Acre site is conveniently located just off Mulock Drive and the 404. The serviced site has 866 feet of frontage on Harry Walker Parkway South and has mixed employment property zoning.
Newmarket’s population continues to expand with a population now approaching 90,000 residents. With population growth comes the need for additional employment areas, which is a driving factor for ELM’s latest commercial development that has been slated to start this year. ELM is working through concept plans of developing the site into an industrial condo complex – a commercial asset-class that is in high demand and with a low supply in the current market.
Project registration and a preconstruction sales programs are set to start this summer. Be sure to register today to get up-to-date insider access and release information on Elm Development’s newest commercial project.