Development Agreement Approved with Peter Ballantyne Group of Companies for Apartment Project
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Description
City Council approved the development permit and development agreement with Peter Ballantyne Group of Companies for a new 54-unit apartment on Urban Reserve land. The agreement secures payment of applicable development levies, connection, and servicing fees.
Contract Details
Contract Amount
Estimated $841,603.93 Development Levy (2026 rate); $66,000 estimated Service Connection Fees; Site Servicing Fees TBD
Vendor
PETER BALLANTYNE GROUP OF COMPANIES
Agency
City of Prince Albert, Canada
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 1, 2026
Renewal Info
Development agreement with phased payment of levies and fees; further construction or permit phases to follow per terms.
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