MORRISBURG – Two years after it was proposed, South Dundas is putting $750,000 behind a significant housing development in west end Morrisburg.
The 54-acre Dutch Meadows subdivision was unveiled by Swank Construction in September 2016 for the 177 home development on the west side of Steward Drive.
The municipality has announced it will spend $350,000 to extend services to feed the subdivision – a sewer line extension west of Merkley Street to the property line and a water line extension under County Road 2.
Another $400,000 is a loan, called a “development fee,” which the developer will have to pay back over the first two phases of the four phase project.
“This development will meet the demand for residential housing and will be beneficial for those currently residing in our community and future residents looking to move to the area,” Mayor Evonne Delegarde said in a statement.
The 177 homes are scheduled to be built by 2039.
It’s estimated the development will be home to 300 families by the time all the phases are complete. It will also add $60 million in new assessment to the South Dundas tax roll or about $280,000 in taxes every year.