The Municipality of Grey Highlands and Westway Capital have officially completed the sale of the former Talisman Golf Course Lands.
Grey Highlands has announced that the sale deal closed on June 9 and the properties known as 150 Talisman Mountain Drive - Upper and Lower, are now owned by Westway Capital.
Westway Capital and the municipality entered into a sale agreement on February 2, 2022.
“We are excited to see Westway Capital work to re-develop the lands in a way that recognizes its full potential for our community and for the long-term stability of Grey Highlands,” said Mayor Paul McQueen.
A tax sale and mortgage foreclosure led to the properties being owned by the municipality. The Grey HIghlands Strategic Plan identified the properties as an area of opportunity.
A Grey Highlands news release on the sale closing states: “Westway Capital has retained The Planning Partnership to assist with community engagement and the group will be reaching out in various forms in the coming months. They will be working with governing authorities to ensure that future activities adhere to the planning process and meet legislative requirements.”
More information about the sale can be found online at the municipality’s website.