Strong demand leads to substantial closings at Urban North Development

April 18, 2023

Congratulations to our client, PACE Developments, on the substantial momentum they have achieved at their Urban North project in Barrie, Ontario. We are thrilled to see this incredible project come to fruition due to the hard work and talents of the PACE team.

With almost 50 closings during the February to April period, hundreds of new homeowners are making Barrie their home. Don’t believe what you read in the paper; demand is very strong and consistently growing.

Located at Mapleview Drive east, the project includes over 1,000 stacked and freehold townhomes featuring luxurious open concept interiors with modern and comfortable living spaces. The development is situated in a fantastic neighbourhood, steps from the Barrie GO Train station, surrounded by parks and trails, with convenient access to Lake Simcoe.

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About MarshallZehr Group

MarshallZehr Group provides customized construction and development financial solutions for high-performing real estate developers. With more than $3.8B of fundings over 370+ projects, MarshallZehr has become one of Canada’s most trusted real estate capital partners. We add value beyond capital – our team’s decades of experience help deliver the strategic insight and vision necessary to craft tailored financial solutions, all backed by our industry recognized mortgage administration services.

About PACE Developments

With over 30 years of experience in servicing, development, and construction, our building profile includes everything from luxury custom-built homes to single-family subdivisions as well as commercial office and retail space. Our team offers personalized consultations, online and in-person design boutiques and a full access homeowners portal to provide the ultimate home buying experience. Getting to know you is our top priority- we care about providing you with a home that works in your lifestyle. Personal care is why our customers become friends.