A new residential development is officially underway at 3195 East Bayshore Road in Owen Sound, Ontario. SkyDev, a division of the Skyline Group of Companies, held a ground-breaking ceremony on August 21, 2025, to celebrate the construction of the 267-suite rental property.
“This new development is a significant and welcome step forward in addressing the growing rental housing demand in Owen Sound,” said Mayor Ian Boddy. “It aligns closely with our housing and growth strategies to ensure we’re meeting the needs of both current and future Owen Sound residents. We’re proud to work alongside Skyline and all project partners to bring more housing options to our community, and we look forward to seeing this project come to life along our waterfront.”
Owen Sound continues to experience high rental housing and infrastructure demand with a current rental market of just over 2,000 suites and a vacancy rate of 1.7 per cent.
“Skyline’s investment in Owen Sound reflects our confidence in the city’s future and ongoing growth,” said Jason Castellan, Skyline’s Co-Founder & CEO. “We’re proudly playing a role in delivering much-needed housing to the community. This ground-breaking celebrates the powerful result that comes from a shared vision and effective collaboration, and we thank the City of Owen Sound, our investors, and all project partners for helping to get shovels in the ground and bring the East Bayshore development to life.”
According to SkyDev, the East Bayshore development will feature luxurious, open-concept suites with high-quality finishes. Residents will have access to a bounty of high-quality on-site amenities, expansive open spaces, and westerly views overlooking Georgian Bay. Just ten minutes from downtown, the property is close to transit and recreational trails such as the CP Rail Trail and the Kiwanis Sports Complex.
Skyline is developing new rental housing in five additional communities, with over 600 apartments completed, 1,350 under construction, and 3,000 more in the pipeline.
For more info and updates visit: skylinegroupofcompanies.ca
