A former 71.6-ha (177-acre) coal-fired power plant in Mississauga, Ont. is set for a major revitalization that will transform the city’s skyline.
After years of planning, shovels have broken ground on Harbourwalk by Tridel—Lakeview Village’s first building.
Harbourwalk will be home to 455 units, ranging from 55.7 m2 (600 sf) to more than 185.8 m2 (2,000 sf) of living space. The design is centred around a 5,295.4-m2 (57,000-sf) European-inspired courtyard that encourages a sense of community, creating space for people to gather, exercise, and relax.
It will feature multi-residential buildings, retail, restaurants, office space, parks, and an innovation corridor.
The 16,000 units at Lakeview Village are part of Growing Mississauga, the city’s action plan for New Housing.
Great Idea for development for this land; and I’ve been a small residential builder for almost 50 years. I’ve been involved with Construct Canada for the last 38 years. Also in developing standards for home inspectors, and a speaker for R2000/R2001 construction standards. I just read in the news in the last week of condos that were 721+SF back in the 1980’s till 2015-18’s now 600SF is standard to squeeze the most profit and units into a building. This “IS” a Way “TOO” small. For a good health size for comfortable living. The size of the units should be no smaller than the 700’SF size. Reading this article about the Tridel- Lakeview Village they are building units starting at 600SF. Again I know this has become a standard for all LARGE builders but I and many others in the construction industry disagree big time.
Regrettably the price of land in the GTA and the hard and soft costs associated with the development of condo units and/or single family residential, dictates the type and size of units available.
Developers must make a profit ,while still giving the buyer something they find desirable!
Condo’s of late have not been conducive to families, and therefore developers must adjust, as market demands shift!.
Single family homes are not within reach to many and options are becoming more prevalent!
Very basic principle of supply and demand!