The Buzz Around Downtown

  • Urban Toronto

    SmartVMC Community Continues Expansion With New Mixed-Use Development

    SmartCentres’ shift from large retail centres to mixed-use, high-density developments can be seen clearly in the redevelopment of a section of the block that formerly housed the Walmart at 101 Edgeley Boulevard into a new four-building complex being developed by SmartLiving, SmartCentres’ residential sub-brand.

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  • Urban Toronto

    SmartCentres’ SmartVMC Continues with New Phase Announced

    Submitted to the City of Vaughan late last year, the plan seeks to build out the site at 175 Millway Avenue with a residential tower, a Class-A office tower, and a hotel.

    Paula Bustard, SmartCentres’ EVP of Development, describes the mixed uses on the block as “a microcosm of what we’re trying to achieve across our entire 100-acre SmartVMC community.”

    Read the Full Article about SmartCentres’ SmartVMC Continues with New Phase Announced
  • Press Release

    Festival becomes Canada’s top selling condo project for 2020

    Festival, Menkes Developments’ latest joint venture with QuadReal Property Group was the best-selling new condominium project in Canada for 2020.

    Menkes and QuadReal launched the first two towers of Festival, with 1325 units, in fall 2020 and sold out the buildings in less than four months. Construction on the towers is anticipated to commence in the first half of 2021 and the sales launch for Phase 2 of Festival (Towers 3 and 4) is also targeted for Spring 2021.

    Read the Full Article about Festival becomes Canada’s top selling condo project for 2020
  • Toronto Star

    For the first time ever, there were more pre-construction condos sold in the 905 area than Toronto last year

    Vaughan, Oakville, Mississauga and Thornhill all saw substantial sales from both investors and buyers who plan to occupy their units. Those submarkets offer “a significant discount relative to downtown Toronto,” he said. Transit such as the Vaughan subway and the coming Hurontario LRT are adding to the appeal.

    Read the Full Article about For the first time ever, there were more pre-construction condos sold in the 905 area than Toronto last year
  • YorkRegion.com

    Vaughan outpaces rest of York Region in condo, single-home sales in 2020 — once again

    Vaughan saw the sales of 3,160 condo units and 1,003 single-homes for 2020, the year when the whole world scrambled to fight off COVID-19 and continued pushing for more vaccine production, the Building Industry and Land Development Association figures showed Jan. 27

    Vaughan by far outperformed its figures for 2019 where it also took the lead in selling the most condominiums and single-family homes in York Region.

    Read the Full Article about Vaughan outpaces rest of York Region in condo, single-home sales in 2020 — once again
  • PwC logo on PwC-YMCA Tower in Vaughan

    Press Release

    PwC Canada opens its first Digital Resilience Centre in the VMC

    The Centre provides an end-to-end digital trust framework to help organizations innovate, experience, and operate across the threat management lifecycle.

    Within the Centre is the Digital Resilience Sandbox, an immersive lab where clients can see, touch and experience the latest technologies, such as industrial systems, robotics, IoT, artificial intelligence (AI), cloud and mixed reality, and simulate offensive and defensive tactics on them.

    Read the Full Article about PwC Canada opens its first Digital Resilience Centre in the VMC
  • Urban Toronto

    Unprecedented Growth Reshaping Vaughan Metropolitan Centre’s Guiding Principles

    Residents of the former Village of Edgeley—established in the early 1800s at the intersection of Jane Street and Highway 7 in present-day Vaughan—would be awestruck at what their quaint village has become. Vaughan officially transitioned from Town to City status almost 30 years ago, and a tidal wave of change has followed.

    Read the Full Article about Unprecedented Growth Reshaping Vaughan Metropolitan Centre’s Guiding Principles
  • City of Vaughan

    ‘Metropolis in Motion’: City unveils its first public art piece in the Vaughan Metropolitan Centre

    The City of Vaughan, in collaboration with Menkes Developments Ltd. and QuadReal Property Group, has unveiled a temporary public art installation prominently situated along Highway 7, leading into the heart of what will soon become Vaughan’s cultural and entertainment hub – the Vaughan Metropolitan Centre (VMC).

    Read the Full Article about ‘Metropolis in Motion’: City unveils its first public art piece in the Vaughan Metropolitan Centre
  • Urban Toronto

    Festival Condominiums Promising More Growth for VMC Skyline

    South VMC’s first project will add four towers to Vaughan’s burgeoning skyline. The mixed-use Festival Condominiums complex from Menkes Developments and QuadReal Property Group will boast fraternal quadruplet towers designed IBI Group, the first two of which are set to reach heights of 48 and 59 storeys, with 1,300 units total.

    Read the Full Article about Festival Condominiums Promising More Growth for VMC Skyline
  • Toronto Sun

    Vaughan’s VMC: The building of a downtown core

    Pandemic or not, the area is growing faster than expected.

    The creation of a vibrant downtown core from scratch is not an easy feat. It takes imagination, good planning principles and in the case of Vaughan, the opening of the first subway line to cross the 416-905 threshold three years ago.

    Read the Full Article about Vaughan’s VMC: The building of a downtown core
  • Two towers linked by a pedestrian bridge

    Daily Hive

    Vaughan getting massive development with schools, parks, and condos

    Menkes Developments is currently selling Festival, which is on the south side of Highway 7 and directly across from the new transit hub that includes a TTC subway station. This new development is part of a 75-acre site that will eventually include 25 condo towers plus townhomes and “all the ingredients to establish this as a cultural destination in Vaughan.”

    The first phase of the project — two of the four towers — will be complete in 2024.

    Read the Full Article about Vaughan getting massive development with schools, parks, and condos
  • Balzak's Coffee storefront in the Vaughan Metropolitan Centre

    YorkRegion.com

    Two Balzac’s Coffee Roasters open in Vaughan, first in York Region

    Balzac’s Coffee Roasters, a boutique coffee chain, announced on Oct. 1 the opening of not only one joint in Kleinburg but also another at the Vaughan Metropolitan Centre (VMC), with soaring ceilings and an airy modern esthetic.

    The opening of this boutique Canadian coffee shop is the first in York Region, bringing the total number of Balzac’s locations in Ontario to 16.

    Read the Full Article about Two Balzac’s Coffee Roasters open in Vaughan, first in York Region
  • Commuters walk and sit near the Vaughan Metropolitan Centre Subway Station

    City of Vaughan

    ‘A city in demand’: COVID-19 has not slowed city-building in Vaughan

    Vaughan’s emerging downtown core continues to attract significant investment opportunities – in fact, a recent submission was received for development of two additional residential towers in the VMC. To date, close to 36,400 residents in almost 18,384 residential units are moving into the VMC.

    In total, staff are working on 38 development files – including six that are in the pre-application consultation phase and represent an additional 13,524 units.

    Read the Full Article about ‘A city in demand’: COVID-19 has not slowed city-building in Vaughan
  • View of Vaughan Metropolitan Centre at dusk

    Business in Focus

    Building a Bright Future

    The VMC area is in high demand, says Mayor Bevilacqua, and that kind of focus will distinguish it from other downtowns. The Vaughan advantage is something truly unique, beginning with it’s location, situated within a 10- to 15-minute drive from Canada’s busiest airport, Lester B. Pearson, and within a day’s reach to a market in excess of 150 million people.

    Read the Full Article about Building a Bright Future
  • Rendering of 216 and 220 Doughton Road

    Urban Toronto

    Two-Tower Complex Proposed in Vaughan Metropolitan Centre Area

    The Vaughan Metropolitan Centre area now forming around the TTC subway terminus of the same name is growing denser every year, and now another multi-tower complex has been proposed which could add to the new skyline developing around the Highway 7 and Jane Street area. The proposal seeks an Official Plan Amendment and Zoning By-law Amendment from the City of Vaughan to permit a pair of residential towers at 216 Doughton Road, a five-minute walk southeast of the subway station.

    Read the Full Article about Two-Tower Complex Proposed in Vaughan Metropolitan Centre Area
  • SmartVMC master plan rendering

    Canadian Architect

    Smart Growth: SmartVMC, Vaughan, Ontario

    As a developer, SmartCentres is best known for outlet stores at the perimeter of cities—less so for urbanism. Paula Bustard, an executive for the company, recounted how she was in a meeting with the TTC when the transit officials disclosed, without forewarning, that they intended to build a subway station on SmartCentres property in the city of Vaughan. Such an unlikely event is as valuable as it is rare. For SmartCentres, it led to rethinking their entire approach.

    Read the Full Article about Smart Growth: SmartVMC, Vaughan, Ontario
  • Rendering of proposed 7800 Jane Street development

    Urban Toronto

    Residential and Office Complex Proposed at Jane and Hwy 7 in Vaughan

    A recent proposal from developers Aspen Ridge Homes and Metrus Properties would bring three towers with residential and office uses to 7800 Jane Street.

    Currently home to a gas station and low-rise commercial and retail building, the site’s prominent location is poised for a major boost in density, with the Quadrangle-designed project proposing 50 and 60-storey residential towers with heights of 163 and 193 metres, along with a 17-storey office building rising 81.5 metres.

    Read the Full Article about Residential and Office Complex Proposed at Jane and Hwy 7 in Vaughan
  • Rendering of TC4, TC5, purpose-built rental, and park, image courtesy of CentreCourt

    Urban Toronto

    Vaughan Metropolitan Centre’s First Purpose-Built Rental Breaks Ground

    Over the last several years—both while Vaughan Metropolitan Centre subway station was under construction and since its opening in late 2017—a flurry of construction has taken place surrounding this new transit hub.

    One of the largest developments is Transit City at SmartCentres Place. Transit City Condos 4 and 5 began constriction in late 2019. In addition to those two most recent condo towers—to rise 50 and 45-stories respectively—the new phase also includes a 36-storey purpose-built rental building, which officially broke ground last week.

    Read the Full Article about Vaughan Metropolitan Centre’s First Purpose-Built Rental Breaks Ground
  • Transit City's first three towers rising into Vaughan skyline, image by Forum contributor DarkSideDenizen

    Urban Toronto

    Transit City Towers Rise Tall as Construction of Next Phase Heats Up

    The development of SmartCentres and CentreCourt’s 100-acre master-planned community, known as Transit City at SmartCentres Place, is one of the single largest elements in the long-term build-out of Vaughan’s new Downtown. The initial phase of the Diamond Schmitt Architects-designed community is bringing three 55-storey condominium towers to the blocks north of the new Line 1 subway terminus at Vaughan Metropolitan Centre.

    Read the Full Article about Transit City Towers Rise Tall as Construction of Next Phase Heats Up
  • Young woman in purple faux fur jacket celebrates

    BNN Bloomberg

    Toronto builders try a new tactic to lure suburb-hating millennials

    New projects in some of the city’s oldest suburbs are being pitched with walkable neighborhoods, condo towers, cafes, shops and a hip city feel. The phenomenon has been dubbed “hipsturbia.”

    “It’s a huge trend in the U.S. and it’s exactly what we’ve been planning for the last few years up in Vaughan,” said Jared Menkes, executive vice president of high-rise residential for the family-owned firm. “We’re bringing what we know downtown and bringing it to the suburbs.”

    Read the Full Article about Toronto builders try a new tactic to lure suburb-hating millennials