In its ongoing effort to develop a downtown core, the Toronto suburb of Mississauga, Ont., recently announced the launch of M City, a 10-tower, 15-acre, 4.3 million sf master-planned community that, when completed, will cost C$1.5 billion (US$1.118 billion).
Construction is scheduled to begin in the summer of 2018.
This project represents the first residential condominium project undertaken by the private holding company Rogers Real Estate Development Ltd. The Rogers family controls Rogers Communications, Canada’s second-largest communications and media conglomerate.
Urban Capital Property Group, a leading condo developer, will manage the development of M City’s first phase for Rogers. New York-based Cooper Robertson designed the master plan for M City. “The opportunity with M City was to define the western edge of downtown. That was our goal as we planned a walkable, sustainable mixed-use community that emphasizes the public realm,” says Donald Clinton, a Partner with Cooper Robertson. Other Building team members include Reed Jones Christoffersen (SE), Smith + Anderson (ME and EE), and The Planning Partnership (landscape architect). Rogers had not disclosed the GC on this project at presstime.
The first phase of M City will feature a 51-story residential tower, whose undulating design by CORE Architects rotates seven floor plates in repetition as it ascends. Cecconi Simone will be that building’s interior designer.
The first phase will comprise between 500 and 700 of the 6,000 condo units that M City will ultimately make available at prices ranging from C$200,000 to C$750,000, according to M City’s website. When completed, M City will also offer retail space at grade, and more than two acres of new public parks with European-style outdoor patio spaces.
“It is our hope that M City acts as a catalyst for the continued evolution of Mississauga’s downtown,” says Edward Rogers, deputy chairman of Rogers Communications. “It’s why we have taken on the challenge of developing this property.
The M City development will include 2 million sf of open and park spaces. Image: Norm Li
The land on which M City will sit is part of 43 hectares (106 acres) of farmland that Rogers’ founder Ted Rogers purchased in the 1960s for around C$170,000 to position transmitters for his radio station CHFI. Those transmitters were relocated in the 1990s, and the land that hadn’t been sold off was rezoned in 2002 to allow for mixed-use development.
M City residents will be within walking distances of Square One Shopping Centre, Sheridan College, Mississauga Celebration Square, and the Mississauga Central Public Library. The area is also accessible to MiWay Transit, GO Transit, Highway 403 and the QEW. M City’s signature tower will be next to the downtown loop of a future C$1.3 billion, 20-kilometer (12.4-mile) light-rail system, for which permits were issued in 2015.
Toronto in general, and Mississsauga in particular, are going through transitions. Bloomberg reports that home prices in Toronto have doubled in the last decade, spurring record land transactions and development. Low-rise home prices of about C$700,000 ($530,000) are pushing residents to nearby cities and suburbs and into condominiums offering more affordable options.
[Editor's note: Certain members of this project's Building Team were added to the story after its initial posting.]
Related Stories
Market Data | Aug 19, 2019
Multifamily market sustains positive cycle
Year-over-year growth tops 3% for 13th month. Will the economy stifle momentum?
Giants 400 | Aug 15, 2019
Top 140 Multifamily Sector Architecture Firms for 2019
Humphreys & Partners, KTGY, SCB, CallisonRTKL, and Perkins Eastman top the rankings of the nation's largest multifamily sector architecture and architecture engineering (AE) firms, as reported in Building Design+Construction's 2019 Giants 300 Report.
Multifamily Housing | Aug 12, 2019
Multifamily Amenities 2019: Rethinking the $30,000 cup of coffee
What amenities are “must-have” rather than “nice to have” for the local market? Which amenities will attract the renters or buyers you’re targeting? The 2019 Multifamily Amenities Survey measured 113 amenity choices.
| Aug 9, 2019
Whirlpool Debuts Smart All-In-One Washer and Dryer
Whirlpool washer and dryer in one machine can provide laundering solutions in apartments with limited space.
| Aug 9, 2019
'Buildings Don't Lie': A building science reference book worth your time and money
Review of "Buildings Don't Lie," by engineer Henry Gifford.
| Aug 8, 2019
Wilsonart Engineered Surfaces to acquire Czech firm Technistone
U.S. manufacturer Wilsonart, maker of High Pressure Laminate, Quartz, Solid Surface, Coordinated TFL and Edgebanding products, moves to acquire Technistone.
Multifamily Housing | Aug 7, 2019
New start, new life, new friends: Student residence life in the age of Instagram
When it comes to the design and space planning of your residence life program, the quality of the space you create will be reflected in the social media feeds of your students.
Multifamily Housing | Aug 6, 2019
Using P3s to create affordable housing, public services
How the city of Chicago and nonprofit groups partnered to build three libraries plus affordable housing in underserved neighborhoods.
Multifamily Housing | Aug 3, 2019
A plant—or at least its image—grows in Brooklyn
A 90-foot mural overlooks the courtyard of a new residential building.
| Aug 2, 2019
Closet System Adds Value to Grand Rapids Apartment Community
20 Fulton Street East is a 12-story residential community in downtown Grand Rapids, Mich., developed by Brookstone Realty Management, where Organized Living's closet system was installed by dealer Rayhaven Group.