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Town ratifies Flato Developments draft plan for Beeton

April 18, 2024   ·   0 Comments

By Brian Lockhart

Flato Developments has announced a significant milestone in their development of Beeton Meadows – Phase 2.

The Town of New Tecumseth Council ratified Flato’s draft plan on April 8, opening a new chapter in Beeton’s development.

Flato will now work through the detailed design process to further understand the capital requirements and projects that will be required in the community.

A Flato spokesperson said the development company has already identified a servicing solution for the necessary water allocation and wants to begin construction once the Town secures funding. Flato said it will begin pre-servicing work at the site.

The plan for Phase 2 is to expand Beeton Meadows through the addition of almost 1,000 new housing units. This includes 290 single-detached homes, 42 semi-detached homes, 251 townhouses, and 400 senior apartments on 67.4 hectares of land.

Some of the single detached homes will offer homeowners the opportunity to add a second unit to rent or accommodate multi-generation families.

Beeton Meadows Phase 2, will include a park, trails, and a community garden as well as a commercial block.

“Phase 2 of the project is adjacent to Phase 1, on the south side of Main Street,” explained Nazy Majidi, vice-president of development with Flato. “We have draft plan approval for this which is a huge milestone for us. There are conditions on our draft plan, for example we have to have a ‘no pre-sale’ agreement with the town – we have to negotiate that with the town. The town will make us wait until we go to sales, until they have water allocation, funding, or anything [related to] water. When we have a draft plan we can move on to detail design. After a draft plan approval we can hopefully get into the detail design, and start earth works if we have to, we can start pre-servicing the site. The home building will be conditional on the water.”

Once complete, the project will be several years in the making.

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