Puddicombe House buys plaza on Peel St.


  • Business   Wed, Aug 4th, 2021   Rose Danen
The Peel West Centre, located on Peel Street in New Hamburg, has been purchased by the owners of the Puddicombe House across the road. The plaza will be used for extra parking to offset the Puddicombe House's lost parking from the recent expansi


The Peel West Centre, located on Peel Street in New Hamburg, has been purchased by the owners of the Puddicombe House across the road. The plaza will be used for extra parking to offset the Puddicombe House's lost parking from the recent expansi


Peel West Centre, the shopping plaza located on Peel Street in New Hamburg, has been purchased by the Cressman family, owners of the Puddicombe House across the road.
According to Lyle Cressman, the Cressman family has plans to utilize the space for extra parking for Puddicombe House visitors while maintaining business as usual for the current plaza tenants.
“Our goal is to make this an attractive downtown property,” said Cressman.
In reaction to the pandemic restrictions on restaurants, the Puddicombe House sacrificed a sizable section of their side parking lot to expand their restaurant’s outdoor dining patio. Cressman said they made the decision to make the new patio space a permanent fixture of their restaurant, with plans to turn it into a tented greenhouse dining experience during the winter.
To accommodate this change, the Cressmans were in search of a place to make up for this lost parking space.
“Through a number of conversations we became aware that this plaza was available and it ticked all the boxes - close proximity to Puddicombe House and plenty of available parking for Puddicombe Hair, Salon, Restaurant and Event patrons directly across the street,” said Cressman.
The Puddicombe House company has purchased the property, including the building and parking area, from a numbered company from Kitchener, according to Cressman. The sale closed on July 30.
The company has also assumed the leases of the current ten commercial tenants and two residential tenants.
“We are excited to work with the tenants of this building to make this a very desirable location to do business in New Hamburg,” said Cressman