Ontario Construction News staff writers
Developers have proposed creating what they describe as a “new integrated community” in East Hamilton and Stoney Creek.
Harrison Equity Partners with Retail Ventures CND Inc., say they plan to turn the 45-acre Eastgate Square shopping centre into a revitalized retail destination and residential community.
The proposed redevelopment add “a focused array of existing and new shops and services to cater to the local community’s daily needs with a focus on healthcare, wellness, pet care and similar core services inside a re-imagined and re-designed complex,” they said in statement last Tuesday (March 8).
“Over time, this revitalized addition to East Hamilton and Stoney Creek will also provide the community with numerous and varied housing options. The entire development will be designed to take advantage of the large, existing and well-defined site to seamlessly integrate with the broader local community. It will also be conveniently located close to a number of transit options, including the Hamilton LRT and the Centennial GO, bringing more service to Hamilton.”
“We are very pleased to be leading the redevelopment of Eastgate Square,” says Mark H. Newman, CEO and founder of Harrison Equity Partners. “We believe that with a careful appreciation of the local community’s needs we can make Eastgate Square the kind of special place where people will come to live, work, shop and be together.”
“This is an exciting, visionary plan that will not only restore Eastgate Square to a regional destination for retail shopping but also transform it into a brand new thriving community,” says Hamilton Mayor Fred Eisenberger. “This is a forward-reaching model of the future evolution of large retail complexes that will no doubt gain attention from across North America and it is exciting that it is happening here in our community.”
