The Exchange DistrictWritten by Eric Skicki Wednesday, March 27th, 2019
Remember when we were saying that the City proposed some new developmental plans for downtown Mississauga? We also mentioned in numerous blogs that what the city was really missing was a new hotel and a lot of chic restaurants. Well, a brand new Toronto developer has taken this as a cue and is doing just that; building out a new downtown core in Square One, dubbed the Exchange District. The developer has set its sights on 3 acres of land that encompasses the site around 151 City Centre Drive. Currently gracing its grounds is a large commercial building with offices and a Tim Horton’s and Dental office at the bottom, along with a lot of parking space.
The new plan for the site proposes condominium towers, international retailers, a hotel, casual and fine dining spaces, modern offices, accessible green spaces, and a public square. The renowned developer is Camrost Felcorp, who have developed buildings such as Marina Del Rey Towers I II and III, The Yorkville Plaza, iLofts, California Condos, Imperial Plaza, The Legends, Warehouse Lofts & many more.
What we know so far
The site is to host 4 tall condominium towers of modern design upwards of 72 storeys tall. Some of the current renderings suggest completely square buildings with intricate designs offering 2,000 residences. The development will be adjacent to Square One Mall and will not only compete on a national level but global level in terms of luxury and design. The leading architect from IBI and interior designers are some of the finest in the industry and behind projects such as M3 in Square One.
Mississauga is Canada’s 6th largest city. The Marilyn Monroe Towers have been the iconic buildings since they have been constructed and acted as Mississauga’s landmark. However, Projects such as M City and the Exchange District will add luxury and some new iconic towers to the city, taking it to new heights. Mississauga had a hard time competing against a city like Toronto. But once the vision of Downtown 21 becomes a reality, Mississauga can compete with not only Toronto, but cities like New York, Vancouver and London.
The project is currently in the proposed stages, as soon as floor plans, prices and due dates are released, our team at MySquareOneCondo will keep you posted as always. If you are interested in calling the Exchange District
yourhome please fill out the form below.
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Wednesday, March 27th, 2019 and is filed