Pair of new Trafalgar Rd. condo towers will be among tallest in Oakville
Published July 21, 2022 at 5:03 pm
Two new soaring condominiums will soon tower above Oakville’s skyline.
The pair of 31-storey buildings with over 700 suites will be among the town’s tallest condominiums as part of a new condominium community at 3604 Trafalgar Rd.
The new joint venture, between Distrikt Capital and high-rise developer Alterra is surrounded by parks and ravines and only minutes from exceptional neighbourhood amenities, such as shopping and transportation with easy access to highways 403 and 407 and the future Urban Core transit hub.
“Returning to Oakville after 25 years of concentrating our efforts in Toronto is very exciting for Alterra,” said Robert Cooper, President and CEO of Alterra. “We’re looking forward to developing this landmark community together with Distrikt.”
This joint venture between Distrikt and Alterra is the second time the two high-profile developers have combined their years of experience.
This transaction also includes financial investment and partnership with institutional funds manager Windsor Private Capital, building on successful prior real estate investments and relationships with Distrikt in both Oakville and Toronto.
“Distrikt is excited to have Alterra join us on our Trafalgar Road site in North Oakville and add its decades of experience in development and construction to bring these exciting towers to life,” said Emil Toma, a cofounder of Distrikt along with Paul Simcox.
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