It will be a game-changer for the revitalization of the downtown core. An apartment complex proposed for the three-acre parcel of land at the southeast corner of Ross and Talbot streets that one of the partners in the deal calls “a nice lot that would make for good housing.”
In May of 2015, Bob and Don McCaig purchased the vacant parcel of land at 672 Talbot Street from Infrastructure Ontario for $750,000, well below the asking price of $1.1 million.
Previously the site of a car dealership and the YMCA prior to that, the land had been purchased by the province as a possible location for the consolidated Elgin County Courthouse.
Speaking with Bob McCaig on Friday, he is proposing to erect a pair of apartment buildings in two phases.