Stencil Group To Build Cannon River Lofts

Scope & details

The full contract record, as filed.

Contract amount

approximately $23,120,210 total development cost (shared)

Contract type

CONSTRUCTION

Contract term

Construction start Q4 2026/Q1 2027; completion Q4 2027; TIF term up to 25–26 years

Renewal

Project financing includes a 30-year amortizing construction/mini-perm loan and long-term TIF revenue stream subject to lookback adjustments; renewal or extension of TIF assistance is governed by district term and agreement provisions.

Document type

AgendaPacket

Source document

City of Dundas Economic Development Authority Agenda Packet 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Dundas?

Stencil Group was awarded this construction contract by City of Dundas, as recorded on August 23, 2026. The contract value is approximately $23,120,210 total development cost (shared).

How much is the Stencil Group contract with City of Dundas worth?

The Stencil Group contract with City of Dundas is valued at approximately $23,120,210 total development cost (shared), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Dundas Economic Development Authority Agenda Packet 2026-08-24 (AgendaPacket), dated August 23, 2026 from City of Dundas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stencil Group hold?

Stencil Group may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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