Who will own the land?

If approved, the Town of Bracebridge would convey the development lands for nominal consideration as two separate parcels. “Nominal consideration” means the land would be transferred for a symbolic or minimal purchase price (for example, $1.00), rather than full market value, to support the delivery of defined public benefits such as affordable housing.

One parcel would be conveyed to Habitat for Humanity Ontario Gateway North and the other to the District Municipality of Muskoka. Both parties would be required to enter into a construction agreement with Greystone Project Management Inc. for the coordinated co-development of the site as a unified two-building project.

The adjacent Youth Park, including the skate park, would remain under public ownership.

All land conveyances would be governed by formal legal agreements to ensure that community benefits and other public interest requirements are clearly secured and maintained over the long term.