Welland in the News

Former Welland Target store could give way for 1,300 apartment units

August 7, 2021

Former Welland Target store could give way for 1,300 apartment units

image of lease property

A residential building under construction on Niagara Street in Welland is one of several proposed by the same developer for that area of the city. KRIS DUBE / TORSTAR

A 137-unit residential development under construction in north Welland is only a portion of what is being proposed in the area.

Work began recently south of the Esso gas station at Woodlawn Road and Niagara Street, a seven-storey build that will offer a variety of unit sizes, said city planning manager Rachelle Larocque.

Immediately to the south, another residential project, similar in scope and planned to be five storeys, is being taken on by the same developer, the Toth Group, said Larocque.

The land at 699 Niagara St. had once been pitched by another developer for student housing.

In December 2016, N Square Development Group Ltd. announced plans for a 42-unit, seven-storey complex at the site, with a target to welcome its first tenants by 2018. In early 2019, the company put 699 Niagara St. up for sale for more than $1.1 million.

The land’s previous owner had specific plans for student tenants, but that doesn’t appear to be the case with its new owners.

“The focus isn’t so much on student housing as it is housing for anyone,” Larocque said, unable to provide figures related to construction value.

Larocque said she is unsure if units will be rented or sold at the two locations, for which work is expected to take place simultaneously. Services are being installed at 699 Niagara St, which she said will be a “condominiumized” building.

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