Orillia council has chosen which of two companies it wants to work with, to redevelop the Front Street Plaza area which is owned by the city.
Two developers submitted their vision of what they would do with the land and both include residential and commercial components.
The city is not divulging which plan it prefers because they still need to negotiate the sale of the property.
A news release says if the negotiations are successful they will announce details within the next few months.
For more on the development plans click here.
#Orillia Council authorized negotiations with the preferred proponent for the sale and redevelopment of municipally-owned lands located at 70 Front St. N. at a Special Meeting of Council on May 19, 2021. Read the full news release here: https://t.co/XtV0tT3pzD pic.twitter.com/PNxEmH7lCj
— City of Orillia (@cityoforillia) May 20, 2021