A section of the historic Kawartha Golf and Country Club will be sold to make way for a new retirement residence in Peterborough.
The club and Peterborough company, AON Inc., have reached a conditional deal for the purchase and sale of 23 acres of club property on Clonsilla Avenue in the city’s west end. There are plans to build a 400-unit retirement residence.
“Long-term plans for the site include a full-service retirement residence that will offer aging in place, luxury seniors apartments, and a mix of apartment and condominium housing still to be determined.”
The club says once the sale is completed, it can move ahead with plans to revitalize the historic Stanley Thompson golf course and facilities.