The former Schneiders meat processing plant on Courtland Avenue in Kitchener has been sold to Auburn Developments.
The London-based company plans to transform the 11-hectare property into what they describe as, “the largest central infill development in the region.”
Auburn Developments is known in Waterloo region for its redevelopment of the Arrow Lofts on Benton Street and The Barrel Yards community in Uptown Waterloo.
Jamie Crich, the President of Auburn Developments said in a statement they will pay tribute to the history of the Schneiders operation.
“We are thrilled to have purchased the 27.6-acre former Schneiders plant on Courtland Avenue and are excited to be planning and creating a wonderful new mixed use neighbourhood,” said Crich.
“We are working on development concepts and have a vision for a range of housing forms and densities on the site along with some office, commercial space and parks. The site is adjacent to the ION LRT line and close to downtown Kitchener, and we think there are a lot of great development opportunities here.”
More details about the vision and plan for the site will be prepared in the coming year.
According to the news release, clean up and initial steps to prepare the site for future development will begin in 2018.