Orchard Point Condominiums

Budget Preparation & Cost Planning

PROJECT:

Orchard Point Condominiums

Orillia, ON

SIZE:

3 Buildings combined 144 suites plus Marina
6 & 8 story buildings

TYPE:

Assisted Living Residence

COST:

Approximately $70,000,000

SCOPE OF WORK:

Mutual Development organized all aspects of the project. Mutual Gain performed the management aspects of the project including Construction Management.

• Land Acquisition
• Development agreements with the Municipality
• Equity Financing through Direct Investment
• Construction Financing
• Tarion Requirements and Qualification
• In-House Marketing and Sales
• Ontario Municipal Board approvals

MDC Responsibilities:

• Design and Construction drawings
• Tendering and Negotiation of Trade contracts
• Scheduling
• Financial Management
• Site Management
• Cost Finalization and Turnover

Phase #1 is almost sold-out

Phase #2 now under construction.

Click here to go to Orchard Point.ca

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