Ontario Construction News staff writer
Lakeview Community Partners Limited (LCPL) says it plans to transform 177 acres of former industrial land in Mississauga into a mixed-use community with housing, retail, cultural facilities and a 50 acre park. The land, previously home to the coal-burning Lakeview Generating Station, is expected to have 8,000 new homes on it once it is complete.
Databid.com reports that, according to Storeys the development will relate to a new Innovation District that will become the largest hub for technology, innovation, and research in the country.
The new community will include a range of housing options, space for education and offices, the Innovation District, parks and nature areas, and direct access to local transit.
“The Greater Toronto Area is positioned for these types of place-based developments that have the right mix of uses that are interconnected,” Rob Spanier, president of Spanier Group and LCPL development advisor, said in a statement.
“We always envisioned having the Innovation District on this site since day one, and as a team, we have been looking at how it’s poised to have a major impact on the GTA. When you look at opportunities for these mixed-use and innovative communities, Mississauga has the opportunity to shine. It’s a growing city, and from an incoming hub perspective, Lakeview will bring it all together.”
The Innovation District will feature 1.9 million sq. ft. of office space, tech and research facilities, 20 acres for campus, culture and innovation and more than 200,000 sq. ft. for retail businesses and restaurants.
Published reports say the master planning of the site began as a grassroots community process more than a decade ago, and was one of the first examples of community driven, bottom-up planning in the Greater Toronto Area. The community knew that when the power plant closed, they wanted something great to take its place. Since then, the city of Mississauga has worked closely with the community to develop the master plan and chose LCPL as a development partner. LCPL has led the effort to re-engage the community and progress the masterplan vision for a vibrant and unique community along the waterfront.
“Sasaki joined the process project as Master Plan Architect and was charged with revitalizing, rationalizing and making implementable the work that had been done previously,” DataBid.com reports. “Together with LCPL, local consultants and other stakeholders, Sasaki has created a master plan, a landscape framework and overall design for Lakeview Village and has worked to incorporate the community’s input in the plan.”
DataBid is currently working on this project – Lakeview Village Mixed Use – Mississauga (0021041718)