Town of Princeton Agenda Packet 2026-06-17
Mixed-Use Development Permits Granted on Vermillion
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Description
Princeton is issuing development and variance permits to 360 Volumetric Construction Management for a new 4‑storey mixed‑use building with 27 apartments and ground-floor commercial at 196 Vermillion Avenue. The approvals include off‑site parking on adjacent School District land and relaxations to parking and height requirements.
Contract Details
Vendor
360 VOLUMETRIC CONSTRUCTION MANAGEMENT
Agency
Town of Princeton, Canada
Contract Type
OTHER
Document Date
June 17, 2026
Contract Term
Development Permit DP-2026-04 and Development Variance Permit DVP-2026-04 lifespan (must substantially start within 2 years of June 17, 2026)
Renewal Date
2028-06-17
Renewal Info
Under the Local Government Act, the permits lapse if construction is not substantially started within two years of June 17, 2026; no automatic renewals are provided, but new applications may be submitted.
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