Mississauga is seeing lots of shiny, exciting proposals.
Hold your breath, Rogers is getting into the condo game.
The Rogers Real Estate Development company, which is privately held, announced plans to build a 10-condo-tower complex billed as “M City” in Mississauga, with the tallest tower measuring in at 51 storeys. First reported by BuzzBuzzHome, the $1.5-billion, 6,000-unit, six-hectare project will be built in downtown Mississauga, a short walk from the Civic Centre.
Proposed to be built on a parcel of land reportedly purchased for $170,000 in the 1960s by the Rogers family and originally intended for a radio transmitter, the ambitious proposal is part of a larger plan for Mississauga. Over the weekend the city to the west of Toronto announced a 120-hectare proposal along its waterfront, which Finance Minister and local MPP Charles Sousa said “will be much better than Toronto.” The project will include 26 hectares of protected green space, and take seven to 10 years to build.
The 10-tower development, with construction on the first tower slated to begin in late 2017, will also be near the $1.3-billion, 20-kilometre, 22-stop LRT line. Construction is expected to begin in 2018.
CORE Architects, which is responsible for the College Condominium at 297 College, won a design competition for the project.
It remains to be seen whether Mississauga can learn from Toronto’s mistakes, whether it’s lessons from CityPlace, building up its waterfront, or interminable debates about the merits of light rail transit.
While it’s all new and exciting, the devil is in the details when it comes to this kind of development, and the relationship between the City, developers, and local residents is particularly important.
At the same time, let’s hope Rogers has learned some outreach and customer service lessons from its experience too.