400 LANARK STREET

Position your next signature community in a fast-growing community. Located just 30 mins west of Ottawa,15 acres of strategically located development land in thriving town of Carleton Place. The property is currently the subject of an active draft plan of subdivision application proposing 204-unit residential community featuring mixture of low, medium, and high-density housing.

Years of planning and technical due diligence have already been completed, including planning, engineering, transportation, environmental, servicing and stormwater management studies that support the ongoing municipal development approval process. Strategically positioned with excellent access to Hwy 7, Highway 417 and Ottawa's west-end employment corridor. The site is also close to schools, parks, shopping, healthcare, recreation and a vibrant historic downtown.

The town and surrounding communities continue to experience significant population growth and thus, ongoing demand for new housing. This land offers attractive balance of planning progress and development flexibility with benefits from substantial planning work already completed while preserving development flexibility. Extensive technical and entitlement work has been completed and buyer can build upon years of planning while retaining the opportunity to refine the final site layout, product mix, and architectural vision before final approvals .

Development opportunities of this scale and planning maturity are increasingly limited within Ottawa region. A comprehensive due diligence package, including planning reports, engineering studies, environmental assessments, servicing reports, surveys and subdivision application materials, is available to qualified buyer upon request.