September 10, 2026
"We know Towne Square is your Towne Square as well," Ward 3 councillor Janet Haslett-Theall told council last October, right before members voted to pause the long-planned rebuild of Oakville's downtown square. The businesses ringing the square, including Hexagon, the region's first Michelin-starred restaurant, had warned that eleven straight months of fencing and noise could cost them a full patio season and put their survival at risk. Council listened. The project stopped. Eleven months later, construction is finally set to begin the week of September 14, on a revised schedule built specifically to protect the restaurants that made the case for waiting.
One of those restaurants closed anyway. Not because of construction. Because its chef left for Toronto.
If you live in Old Oakville and you've been keeping half an eye on the Towne Square story, here is what actually changes this month, what's already changed without anyone announcing it, and what you can still count on through the rest of 2026.
After two delays and a full year of consultation with the Downtown Oakville BIA and nearby condo residents, the Town approved what it's calling the Optimal Phasing Plan back in May. It splits a one-year rebuild into two construction windows with a holiday break in between, so the square is never fully out of commission for more than a season at a time.
| What happens | When |
|---|---|
| Millennium Tower Clock removed for storage | September 9, 2026 |
| Phase 1 construction begins | Week of September 14, 2026 |
| Construction pauses for the holidays | November 2026 to early 2027 |
| Holiday Tree Lighting, still at Towne Square | December 2026 |
| Phase 2 construction | Early 2027 to mid-September 2027 |
| Partial George Street closure begins | Spring 2027 |
| Project completion | September 2027 |
The clock comes down two days from now. That's the first physical sign most residents will actually see before the hoarding goes up, not a fence or a backhoe.
The original plan had crews starting in January 2026 and finishing by that November, timed to hit the Christmas tree lighting. Restaurant operators around the square pushed back hard, arguing that a January-to-November build would erase their entire outdoor dining season, the stretch when a downtown restaurant with a courtyard patio makes a disproportionate share of its annual revenue. The Town's own director of parks and open space acknowledged in a report to council that the loss of a summer patio season placed those establishments at real financial risk.
Council paused the project in October 2025 to work out something better. What came out of that pause is the schedule above: construction starts after patio season ends this year, breaks for the holidays so the BIA's marquee event isn't disrupted, and resumes in the new year for a second phase that runs through next September. It's a schedule shaped directly by the businesses that stood to lose the most from getting it wrong.
Which makes what happened next worth knowing before you plan an evening downtown.
Hexagon opened in 2017 in a discreet courtyard space at 210 Lakeshore Road East, the same address as Towne Square itself. Under chef Rafael Covarrubias, it became Halton Region's first Michelin-starred restaurant in 2024 and held onto that star in 2025. It was one of the named businesses whose patio-season argument helped delay construction by nearly a year.
Then, in December 2025, Covarrubias left for a Toronto restaurant. Hexagon announced it would close temporarily to rework its concept. By June 2026, reporting confirmed the restaurant had shut down entirely and a new operator had already moved into the space. That space is now Centro on the Square, an upscale restaurant helmed by chef Richard Andino, serving handmade pasta and seafood behind the same floor-to-ceiling windows that once looked out on Hexagon's patio.
So the specific restaurant whose patio season the Town delayed a $7.5 million construction project to protect had already turned over by the time that protected season arrived. The building is the same. The name on the door, the menu, and the kitchen are not.
Seven Enoteca, the Italian trattoria that's operated on the square since 2010, is the one culinary anchor that's actually stayed put through all of this. It earned a Michelin Bib Gourmand designation in the 2025 guide and hosted one of the outdoor dining domes during this year's Taste of Oakville festival. If you want continuity on the square while the rest of it changes shape around it, that's where you'll find it.
Here's the part that tends to get lost in headlines about a "$7.5 million revitalization": Phase 1 does not shut down downtown Oakville. The Town has been explicit that businesses and residences stay accessible throughout construction, with short closures arranged directly with affected operators rather than a blanket shutdown of the block.
What stays open through Phase 1:
What changes:
The bigger disruption, a partial closure of George Street between Lakeshore Road East and Church Street, doesn't start until spring 2027. That's a Phase 2 problem, not a this-month problem.
For residents who treat the tree lighting as a fixed point on the December calendar, the news is good: the Downtown Oakville BIA has confirmed the 2026 Holiday Tree Lighting will still happen at Towne Square, even with Phase 1 construction underway. The Town timed the pause specifically so the square wouldn't be mid-teardown during the one event most people associate with it.
Other BIA winter programming is moving for the season. Events that would normally spread across the downtown core are shifting to Centennial Square at 120 Navy Street while Phase 1 work continues. If you're used to catching a winter market or a BIA pop-up right on Lakeshore Road, check Navy Street instead this year.
The square you've walked through for years is about to look different in stages, not all at once. The clock leaves this week. Hoarding goes up mid-September. The tree lighting happens anyway. Construction pauses for winter, resumes in the new year, and the real street-level disruption doesn't arrive until next spring. None of that matches the mental image most people have of a downtown "under construction," which tends to assume everything closes on day one and stays closed until the ribbon-cutting.
And the restaurant that anchored the entire argument for waiting a year isn't the restaurant you'll be walking past when the hoarding comes down. That's not a criticism of the process. Restaurants change hands and chefs move on regardless of what the municipal calendar says. It's just a reminder that the version of downtown Oakville you're picturing when you hear "Towne Square" is already a few months out of date, construction or not.
If you're watching downtown Oakville change shape and wondering what that means for your own property here, Breakey Homes tracks these shifts as part of how Paul Breakey, CPA, CA prices and positions homes in Old Oakville. A free, no-pressure home valuation is a good way to see where your numbers stand as the square, and the block around it, keeps evolving.
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With a background in finance and business operations, Paul brings a strategic approach to real estate, helping clients make informed decisions. His passion for community and commitment to client-focused service make him a trusted partner in achieving your real estate goals.