KINGSTON, ON, Aug. 8, 2018 /CNW/ - Parkbridge Lifestyle Communities is pleased to announce its acquisition of Worthington Park Community, located just 10 minutes from historic downtown Kingston. This community is a great addition to the Parkbridge portfolio – the largest land lease portfolio in Canada, with more than 115 residential communities and resorts – and counting.
"We're excited to grow and enhance land lease communities as an attainable housing option for Canadians," says Katherine Gyles, SVP, Organizational Effectiveness and Corporate Communications for Parkbridge. "As we continue to share our unique model of homeownership with municipal partners and homeowners across the country, we're hearing increasingly often how land lease is a welcome and necessary addition to the continuum of affordable housing. It's ideal for those wanting to get out of the rental market and start building equity in a home, as well as an option for retirees who are looking to downsize and free-up their financial resources to enjoy life's other priorities."
Worthington Park Community is a natural fit for the Parkbridge portfolio as it offers a community-minded neighbourhood, close to amenities like shopping, restaurants and health services, much like the other Parkbridge communities nationwide. Worthington Park also has an activities committee – something that other Parkbridge homeowners have identified as an integral part of the Parkbridge experience, for its role in keeping neighbours active and engaged within their community.
"Parkbridge's residential and resort properties are known for their strong sense of community, and we couldn't be more excited about connecting our passionate team to an area that is equally committed to building vibrant, active communities."
About Parkbridge Lifestyle Communities
At the heart of what we do at Parkbridge is community building. Celebrating its 20th anniversary this year, Parkbridge has grown to become Canada's leading owner, operator and developer of residential and recreational land lease communities across the country. Parkbridge is a 100% Canadian-owned company, employing over 500 people year-round and another 700 seasonally. Click here to learn more about land lease or visit www.parkbridge.com for more information about Parkbridge.
SOURCE Parkbridge Lifestyle Communities
For further information: To request photos, please contact Pamela Bennett, Director, Corporate Communications, Parkbridge Lifestyle Communities, 705-794-5963, [email protected]