Luxury development The Hive opens up to “believers of the center”

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When it was first proposed five years ago, some questioned the wisdom of any private developer undertaking the construction of a trendy new luxury residential building for downtown Windsor.

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But the risk seems to have paid off, and half of The Hive’s 24 high-end units had already been leased before Thursday’s official opening of the five-story building at 531 Pelissier St.

“It’s definitely time for Windsor to shine,” said Brent Klundert, vice president of BK Cornerstone Design-Build Ltd., one of the owners of a modern property that grew out of the long-ruined former home of Don Cherry nightclub.

“We wanted something a little different. What we have created is something comparable to downtown Toronto, “Klundert told the Star.

The Hive, with a distinctive industrial loft-style look, boasts a private gym for residents, a second-floor outdoor terrace overlooking Pelissier Street and Maiden Lane, and main access to an urban farmer’s market.

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What helped make the downtown’s first residential construction possible in decades was the first successful candidate for a municipal grant under the community improvement plan (CIP), set up by the city council to spur residential growth in the core. in difficulty.

The CIP, which offers real estate tax exemptions for targeted developments at no cost to existing taxpayers, is responsible for a number of other residential projects aimed at increasing the urban population.

Developer Brent Klundert, of BK Cornerstone Design-Build Ltd., offers a tour of The Hive in downtown Windsor during a grand opening ceremony on Thursday.  Pictured here is the rooftop common space overlooking Pelissier Street and the Windsor skyline.
Developer Brent Klundert, of BK Cornerstone Design-Build Ltd., offers a tour of The Hive in downtown Windsor during a grand opening ceremony on Thursday. Pictured here is the rooftop common space overlooking Pelissier Street and the Windsor skyline. Photo by Dax Melmer /Windsor star

Leading Hive developers, including Philip Fernandes Designs and Distinctive Homes & Real Estate Brokerage Ltd., used Thursday’s ribbon cutting with Mayor Drew Dilkens to announce their next big project: a six-story, 68-story condo. unit to be built just gates on the corner of Pelissier and Wyandotte Street West.

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“We are taking many of the same notes, many of the same stylistic and architectural cues as here (The Hive),” said Klundert, adding that the next development, with a targeted construction start in 2023 and completion in 2025, has already received CIP approved by the city hall.

“The city center is now a different place than it used to be,” said Klundert. “We think we just need to keep encouraging more downtown residents.”

Coinciding with this Saturday’s Downtown Farmers Market, The Hive will open its doors from 9am for public tours. Rental prices for the remaining one- and two-bedroom units range from $ 1,800 to $ 2,800 per month.

Developer Brent Klundert shows off the gym area on a Thursday tour of The Hive at a grand opening ceremony.
Developer Brent Klundert shows off the gym area on a Thursday tour of The Hive at a grand opening ceremony. Photo by Dax Melmer /Windsor star

The ground floor is a commercial space, of which a third has already been rented. Klundert said the owners were “blown away” by the first interest shown, including the fact that half of the units had been collected even before construction was completed.

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Compared to the best of what was already on offer in the downtown residential market, “we’re a little nicer,” he said.

“The revival of the central downtown area has been amazing. Our tenants are a mix of young professionals and “downtown believers” who are thrilled to be a part of Windsor’s return, “said Klundert.

“It is so exciting and rewarding to see our vision come true,” said designers Philip and Amanda Fernandes in a statement. “We have worked hard to develop and deliver a building that complements and enhances the existing architecture on Pelissier.”

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