Economic Development

Construction has officially begun on ‘Harbour West’, a major new housing development that will bring 224 rental apartments to Owen Sound’s west waterfront area.  The groundbreaking ceremony marks an exciting new chapter for the former Black Clawson Kennedy (BCK) property at 1144 1st Avenue West.

The Harbour West project, led by Hansa Financial & Property Management, will transform the long-vacant waterfront site into a six-building residential space featuring 224 rental apartments. Site preparation is underway, including the crushing of existing concrete for reuse on site, as well as groundwork for piling and foundation. The first tenants are anticipated to move in by Fall 2026.

City Council has approved a historic 25-year strategic plan that lays out key principles and priorities to secure Owen Sound’s future as a livable, safe and enjoyable city for everyone. 

“Vision 2050 charts our City’s future at a time of unprecedented change, challenge and opportunity,” said Mayor Ian Boddy. “It provides a compass bearing for current and future City Councils to set priorities and take action.”

Owen Sound is experiencing remarkable development growth in 2025, with building activity reaching historic highs. Years of preparation by City Council, along with the dedicated work of city staff, are now paying off as major projects move forward and investment in the city surges.

Construction values in Owen Sound have reached $214.5 million year-to-date. In the past six years, construction values peaked at $67 million in 2020. This exceptional growth reflects both the City’s commitment to strategic planning and the strong interest from developers in Owen Sound’s future.

The City of Owen Sound advanced several key priorities during very successful discussions with provincial leaders at the Association of Municipalities of Ontario’s annual conference in Ottawa this week.