T he Gray Group has Atlantic Canada, and of all the development projects they’ve worked on to date, this one has special significance. As Owner and CEO Cory Gray, President Trevor MacLeod, and several team members proudly call Stratford home — living, working, and raising families here — it’s a town they feel deeply connected to. a long history of real estate development in Seeing the incredible potential for the town, The Gray Group acquired 102.6 acres in Stratford in 2018. Together with the Town, they began envisioning what the municipality’s future could look like and strategic planning for The Crossroads began. The Crossroads, the most extensive planned urban development in PEI’s history, is set to redefine the future of Stratford. The development allows for growth without expanding the town’s borders, as opting for vertical
development over urban sprawl is more economically viable and environmentally friendly.
The plan outlines ambitious goals, including 3,200 residential units, approximately 260,000 sq. ft. of new commercial space, and around 44,000 sq. ft. of light industrial space. The Gray Group has worked with the Department of Transportation, conducted traffic studies, and analyzed both the economic and environmental impact of this development. Their all-encompassing plan prioritizes strategic land use, preserving community connections, safeguarding environmentally sensitive areas, optimizing traffic flow, and enhancing the active transportation network— all while contributing to the Island’s housing inventory. The Crossroads will surely be a game- changer for Stratford, and the team at The Gray Group hopes Islanders are as excited as they are to see this historic project come to life.
20 Great George St, Charlottetown 902.894.4729 www.thegraygroup.ca
FALL23/WINTER24 www.pei-living.ca
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