Downtown Vaughan is Rising

The Vaughan Metropolitan Centre (VMC) is an emerging downtown poised to be the financial, innovation and cultural centre of Vaughan.

Major corporations and thousands of new residents are choosing the VMC because it’s the perfect balance between downtown Toronto and the Greater Toronto Region. No other location offers this blend of subway and rapid bus transit with equal access to downtown and the suburbs, Class A office space, and an urban lifestyle.

As a result, this hub at Highways 400 and 407 is growing faster than expected. It’s on track to meet or exceed targets of 12,000 residential units, 1.5 million square feet of office space, and 750,000 square feet of new retail space by 2031.

See for yourself with our Vaughan Metropolitan Centre 360 Degree Tour:

 


Watching on an iOS device? Open the video in the YouTube app for full 360 views!

Photos: transit square | rendering of central park ©smartcentres | VMC Skyline | Students outside Niagara University at Expo City

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Developments to watch


  • Occupied

    PwC-YMCA Tower by SmartCentres

    At the heart of our downtown, the community beats in the VMC with the exciting mixed-use facility by SmartCentres.

    Learn More about PwC-YMCA Tower by SmartCentres
    mixed-use, office-space, public-space, retail
  • View of rooftop pool at Transit City 4 and 5

    Pre-construction

    Transit City 4 and 5 by SmartCentres and CentreCourt Developments

    TC4 and TC5 are the latest additions to SmartCentres Place, SmartCentres’ 100 acre master-planned community in the Vaughan Metropolitan Centre. Located at Portage Parkway between Millway and Jane, these towers are steps from the VMC Subway Station and Regional Bus Terminal.

    Learn More about Transit City 4 and 5 by SmartCentres and CentreCourt Developments
    residential
  • Under construction, occupancy 2020

    The MET by Plazacorp/Berkley Developments

    Built by one of the most experienced condominium developers in the GTA, Plazacorp/Berkley Developments, the MET Condos is an exciting residential development of high-rise condos and townhomes in the heart of Vaughan’s new downtown.

    Learn More about The MET by Plazacorp/Berkley Developments
    residential

The buzz around downtown →

  • Mobilio Rendering

    Condo Life

    Outlook 2020 – Jared Menkes, Executive Vice-President, Menkes High Rise

    This year will continue to be a year of low supply and high demand, which will keep housing prices high, especially in prime locations. Overall, the 905 has experienced the largest growth, and will continue to grow, however the largest demand continues to be for housing along mass transit. Vaughan, in particular, will continue to be a very desirable location.

    Read the Full Article about Outlook 2020 – Jared Menkes, Executive Vice-President, Menkes High Rise
  • Transit City Condos at the Vaughan Metropolitan Centre. (Rendering courtesy SmartCentres)

    Real Estate News Exchange

    SmartCentres, Penguin, JV for Vaughan Metro Centre expansion

    SmartCentres is buying a 50 per cent interest in an almost 16-acre parcel of land owned by Penguin, abutting the VMC property, for $109.2 million. The land is currently the site of a WalMart store, but the store will be relocated on the site and redeveloped to create a new prototype Walmart including a large dedicated picking facility, enhanced customer pickup experience and parking area.

    The remainder of the site will be redeveloped by the partners to create at least six new residential towers, as well as portions of the existing VMC development plan.

    Read the Full Article about SmartCentres, Penguin, JV for Vaughan Metro Centre expansion
  • Vaughan Mayor Maurizio Bevilacqua with a sign saying "Delivering real results for Vaughan"

    YorkRegion.com

    Vaughan’s downtown core attracts up to $9B in investment

    Vaughan’s downtown area attracted more than $9 billion in economic investment from 2015 to 2020, said Mayor Maurizio Bevilacqua.

    In the final Vaughan Metropolitan Centre (VMC) sub-committee meeting of 2019, Bevilacqua said the investment is “rooted in momentous construction projects that contribute to a growing skyline with new business and residential developments.”

    “In fact, Vaughan Council has approved more than 10,817 new residential units,” he added.

    Read the Full Article about Vaughan’s downtown core attracts up to $9B in investment
  • Rendering of SmartCentres' Central Park in the Vaughan Metropolitan Centre

    Globe & Mail

    New project in Vaughan joins resistance to urban sprawl

    Steps from her office in Vaughan, Ont., just north of Toronto, Manisha Chen can travel any-where she needs to go, and by just about any mode of transit. With three public transit stations accessible through an underground passage, she could hop on the TTC subway to visit clients in downtown Toronto, catch the City of Vaughan’s VivaNext rapid way transit line or grab a York Regional Transit bus to visit clients further north.

    Read the Full Article about New project in Vaughan joins resistance to urban sprawl