The Collingwood Shipyards

Sidelaunch; Collingwood ShipyardsFor over 100 years, Collingwood’s historic downtown ended at First Street.  Often, a large ship could be seen in the launch basin as the shipyards actively built freighters on the site.  For over a century, the shipyards and nearby massive grain elevators defined Collingwood’s identify and sense of place on the Great Lakes.

In 1986, on the very day my husband and I moved to the area, the iconic shipyards blew the whistle for the last time.  The buildings were shuttered and the site went silent.  Over the years that followed, the buildings were torn down as various project ideas for redevelopment came and went.  Then almost a decade ago, a joint venture between two developers – FRAM and Slokker emerged with a proposal to develop the site as Collingwood’s first and ONLY, downtown waterfront community.

They spent years moving things forward.  The got to know the history of the site, they held focus groups and other forms of public consultation and, they began the tedious process of cleaning up the contaminated brownfield.  They knew the citizens consider this land to be the very soul of the town and they wanted to finally have public access to the water.  These missions were all accomplished.  Naturally, there was only one choice for a name for the new project – The Shipyards.

The Shipyards were reborn with a vision for a master-planned community  of mixed use development that would extend the downtown to the waterfront with ample green space, waterfront trails, a public amphitheatre, public boat docking facilities, a mix of condominium housing styles and eventually, both live-work units and both recreational and commercial components.  This massive undertaking commenced with the construction of detached homes on the far, east side of the site near Sobeys and quickly sold out.  You might enjoy watching this owner testimonial video from the developer’s website.

Since that time, The Shipyards continued to build town home and apartment style condominium units on the site which occurred slowly as the economy chugged slowly forward in Ontario.  In 2012, the forces of global economic turmoil caused the project financiers, a bank in the Netherlands, to pull the plug on their real estate projects, including the Collingwood Shipyards.  You can find more details in this article.

All of the built units in The Shipyards are fully sold out and early re-sales have occurred.  One of the more interesting buildings constructed to date is the Sidelaunch building which was constructed to reflect the original, marine- factory style building that once sat on the site. Today, it has perhaps the most prestigious address in the development:  One Shipyard Lane and features three storeys with 36 modern condominium homes that offer all of the luxury and features one would expect in today’s marketplace.

I’ve recently listed a fabulous unit in this building right on the prime, north-west corner of the second floor and offering views of both the Bay and the mountain.  The owners have spent six figures on custom upgrades and renovations making this 1788 square foot home truly one-of-a-kind and, an exceptional value at just $469,900.  Here is a video highlighting just a few of the great features of this home and community.

Related Posts

Collingwood Shipyards Opens Public Waterfront Access

 

It’s always a pleasure to meet new people and to assist them in meeting their real estate goals.  If you would like to schedule a buyer or seller consultation with me, please feel free to email me or call at 705-446-1762.


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About Marg

is an award-winning real estate Broker who has successfully been helping people move since 1989. When it’s time for a move in or out of a bigger, smaller, better, more expensive, less expensive, newer, older, house, condo, farm, investment property, vacant lot or business, talk to Marg.

This entry was posted by Marg on Monday, January 28th, 2013 at 9:57 am and is filed under Collingwood Real Estate, Condominiums, Featured Neighbourhoods, Listings, Local News and Current Events. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

2 Comments

  1. Hi Marg: My husband and I are considering a move to the Collingwood area at some point in the future and we are curious to know the current status of The Shipyards development.

  2. Marg says:

    Hi Christine and thanks for your question. The Shipyards units that were built, are all sold out and there are now resale homes that people are selling and buying. The balance of the development has been on hold due to financing issues for the developer however, they have indicated that they hope to be back on the site sometime soon. We have not heard anything further on this in the last two months but are optimistic that either they or another developer will be continuing with the plan soon. It’s such a great site on the Bay and being right downtown!

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