A new condominium development is taking shape in Kitchener.

The official ground breaking on the project known as “One Hundred” took place Monday afternoon.

It will see the construction of two towers – 15 and 19 storeys – housing 348 residential suites on Victoria Street South near Bramm.

Momentum Developments and Zehr Group are behind the initiative, which they say “will elevate the urban experience for residents wanting to live in the Innovation District.”

According to Momentum Developments, 75 per cent of the units have already been sold.

Among those expected to be on hand for today’s groundbreaking are Kitchener Mayor Berry Vrbanovic and Regional Chair Ken Seiling.