To address the critical need for more affordable housing in the city of Hamilton, City Housing Hamilton has engaged in a strategic alliance agreement for a pioneering project. Roxboro Park Inc. is a partnership of Urbancore Developments, Carriage Gate Homes and the Effort Group to undertake the revitalization of a 13-acre section of land in the city’s east end.

The revitalized neighbourhood proposes a wide variety of housing options, rental apartments and connection to parks and open space trails. First-time home buyers will have an opportunity to own housing below market value, resulting from the city’s first-time buyer initiative. The unprecedented $400-million, master-planned community will be one of Hamilton’s largest inner-city redevelopments.

“There is a huge demand for more affordable housing options in the area, which is why we’re excited about launching sales at Roxboro Park,” Nick Carnicelli, president of Carriage Gate Homes, told HOMES Magazine. “The first phase will include three-storey park towns and back-to-back urban towns. Marketing is underway, and we are very encouraged by the enthusiastic response to both the location and the price points.”

“Roxboro Park is a true legacy project, opening up new housing possibilities for people with limited resources in an established area where residents will have a wealth of amenities nearby,” adds Sergio Manchia, principal of Urbancore Developments. “When government and business put their heads together, we can find solutions for affordable housing for everyone, from first-time buyers, to empty nesters. Roxboro Park will satisfy the need for many people in search of homeownership.”

Pricing for housing types is still being worked out, but David Horwood, vice-president at Effort Group, says the townhomes will begin from the low-$400,000s.

myroxboro.ca