Chew's News

38 Lakeport Rd. sells amidst revitalization in Port Dalhousie

Posted by Greg Chew on Oct 6, 2016 3:59:54 PM

port dalhousie revitalization aerial

Port Dalhousie represents a community in transition. A once vibrant waterfront, taking steps to spur private investment and rebuild itself into one of Niagara’s finest destinations. A multitude of private investments have been announced for small area over the past two years. Projects including the Union Waterfront development and the Wellington at Port are infusing spirit and home and new residential and commercial viability for the community.

Last week the announcement of the sale of 38 Lakeport Road, fondly known as Murphy’s Restaurant, marked another historic building set for revitalization in Port Dalhousie.

 

New ownership of 38 Lakeport Rd.

The Murphy’s building which includes the restaurant, retail space and upper floor bed and breakfast area was sold to Lily Li. (source) The historic Port Dalhousie building is set to undergo revitalization upon possession, November 1st. Through designs from the Quartek Group, the spaces will be updated with the buildings historical roots in mind. Reports point to a more upper scale trending design, re-open dates are not yet known. 

 

Other Port Dalhousie revitalizations and potential developments 

A renewed optimism for a large part of the community has been stirred by the redesigned Union Waterfront project. The mostly residential based mixed-used development features 170 residential units with a street level retail component including a courtyard. The modern design includes balconies and terraces that offer water views of Lakeside and Rennie Parks. The development application and approval process will soon begin, developers Fortress RD hope to begin construction by late 2018.  

Then there is the legion in Port Dalhousie, which has reached a tentative deal with Rankin Construction to purchase the property and potentially build a 55 unit residential condominium building. Beside the Legion sits the 61 & 63 Lakeport Road which just this summer finished accepting purchase offers. There are a number of redevelopment opportunities that come along with the sale of this building ranging from residential to educational and commercial.

Finally, there is the Beaches at Port. Sitting at 117 Lock St. facing out over Lake Ontario and the Port Dalhousie beach, this luxury condominium development includes six storeys and 16 units.

 

Lock Street's revitalization

The transformation of western side of Lock Street is nearing completion. Newly revitalized buildings now house Acqua Restaurant and Bar, Ausmosis, TrySport Niagara, Lock Street Brewing Company, Balzac’s Coffee Roasters and Rick’s.

 

Port Dalhousie and Lakeside Park

portdalhousiepavilion.jpeg
Another key aspects in the revitalization of Port Dalhousie will be the upkeep of Lakeside Park. The popular beachfront will soon include a new pavilion and shade sail structure to replace the crumbling Lakeside pavilion.  It has also become a vibrant summer event space hosting festivals, weekly super markets and mainstay carnivals.

 

Though revitalization to Port Dalhousie has been a slow moving process, spirited entrepreneurs and developers have brought a renewed optimism to what the small community could be. To view development opportunities in St. Catharines click here, to connect with Greg Chew follow the button below. 

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Topics: Commercial real estate investment, Niagara

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