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Toronto?s mega-development boom is reshaping downtown

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Toronto?s mega-development boom is reshaping downtown Toronto?s mega-development boom is reshaping downtown

Toronto?s mega-development boom is reshaping downtown






The Union Park project, helmed by Oxford Properties Group, a partner in Hudson Yards, will be one of the largest mixed-use project in Toronto when complete. | Oxford

The Canadian metropolis is going vertical as a building spree of billion-dollar projects continues A newly proposed mega-development in downtown Toronto was announced late last month, highlighting how the city?s vertical growth spree continues to pick up momentum.
The $2.7 billion ($3.5 billion Canadian dollars) Union Park project, helmed by Oxford Properties Group, a partner in New York?s Hudson Yards, will be one of the largest mixed-use project in the city?s history.
Set on four acres just north of two city landmarks, Rogers Centre (the sports stadium formerly known as the SkyDome) and CN Tower (the city?s iconic communications and observation tower), the development will consist of twin curved 58- and 48-story office towers and apartments surrounded by newly landscaped public parkland, and bring 4.3 million square feet of new mixed-use office, residential, and retail spaces to downtown.
Oxford
A rendering of the future two-acre signature park, a centerpiece of the project built atop capped-over rail lines.

This development comes at a time when other large-scale mixed-use projects, such as the 12-acre Sidewalk Labs-backed Quayside smart city project and The Well, a 7-acre ?21st century city,? highlight the city?s rapid expansion. A growing tech industry and expanded immi...
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Toronto?s mega-development boom is reshaping downtown Toronto?s mega-development boom is reshaping downtown

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Fuente de la noticia: curbed
Fecha de publicación: 19-07-2019 21:34
visto: 20

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