Fort Erie Welcomes $10 Million Commercial Investment

People with shovels doing a ground-breaking ceremony

FOR IMMEDIATE RELEASE

FORT ERIE (June 3, 2024) – The Town of Fort Erie is delighted to announce the official ground-breaking construction of the long-awaited Ridgeway Centre, a new multi-use, retail commercial development at the intersection of Gorham Road and Dominion Road, servicing the Ridgeway, Crystal Beach, and Stevensville areas.

With an initial investment of $10 million, Phase 1 of the development includes 16,000 square feet of commercial space. The anchor tenants include McDonald’s and the LCBO. McDonald’s is expected to be open by late July with the LCBO opening by the end of 2024.

Additional units are available for lease and range in size from 1,200 square feet to 6,700 square feet. Phase 2 development planning for the Ridgeway Centre is already underway.

Long-time Fort Erie developer David Kompson and his business partner Anthony Annunziata have provided a steadfast determination to bring this project to life. Their shared vision, creativity, and focus on the community, will enhance Fort Erie's commercial business landscape.

The investment in Ridgeway-Crystal Beach will bolster the local economy, create employment opportunities and enrich the retail experience by providing residents and visitors to the area with a variety of new products and services.

QUOTES

“This strategically located commercial project has been many years in the making. When fully built out, it will provide residents and visitors alike of our growing community with easy access to new retail opportunities close to home. On behalf of the Council, I congratulate David and Anthony for their vision and persistence.”

- Fort Erie Mayor, Wayne Redekop

“We are excited to begin Phase 1 of Ridgeway Centre. Phase 1 of the project will be anchored by McDonald’s, the world’s largest and most successful fast food business and the LCBO, owned by the provincial government which is one of the world's largest buyers and retailers of beverage alcohol.”

- Co-owner, David Kompson

“It’s exciting to do a project of this scale in your home town. Building and designing a commercial centre that will eventually have over 100,000 sq. feet of space catering to the leisure tourist market as well as meeting the needs of the local market is something we have envisioned for a long time in Ridgeway-Crystal Beach.”

- Co-owner, Anthony Annunziata

MEDIA KIT

Photos

For more information (interviews), please contact:

Anthony Annunziata
President
Par Niagara Investments Inc.
Office: 905-871-3000
Mobile: 905-321-8851