Plans for a 131 home - $70 million-dollar residential development in Ridgetown were announced today by Apollo Property Management and Clark Developments.
Construction of the new Highland Subdivision, located on the eastern side of the community, will begin in late spring. The development will be created in two phases and will consist of single-family homes.
Apollo Group of Companies President Fred Naclerio said during a media session today at the corner of Warwick and Cecil streets that the development is a positive step for the community.
“I think Ridgetown is a hidden gem with so much to offer and I truly believe it will grow and prosper,” he said. “Being a resident of Ridgetown I look forward to our community growing and prospering and welcome newcomers to enjoy what I’ve enjoyed living in Ridgetown.”
Mayor Darrin Canniff praised Naclerio as a man who believes in the future of Chatham-Kent. “Fred has been involved in the growth of Chatham Kent for two decades. “He is truly a community builder who believes in making a difference.”
Chatham-Kent Councillor Steve Pinsonneault who attended the event said it is a major step forward.
“I’m really glad to see the community expanding. East Kent is a hidden gem but it won’t stay that way. We have a lifestyle that is envied by many people who live in large urban centres. We have potential to grow and still keep our small-town feel.”
Councillor John Wright who also took part in the ceremony said the development represents a new phase for the community.
“This council and in particular Mayor Canniff know the value of development and investment in the community. We’ve been challenged to find a way to make things happen and we’re meeting that goal.”