Pre-construction, estimated occupancy 2022
Mobilio by Menkes and QuadReal
Situated in the heart of the VMC, Mobilio will feature a mix of mid-rise condominium towers and two…
Menkes Developments is currently selling Festival, which is on the south side of Highway 7 and directly across from the new transit hub that includes a TTC subway station. This new development is part of a 75-acre site that will eventually include 25 condo towers plus townhomes and “all the ingredients to establish this as a cultural destination in Vaughan.”
The first phase of the project — two of the four towers — will be complete in 2024.
Balzac’s Coffee Roasters, a boutique coffee chain, announced on Oct. 1 the opening of not only one joint in Kleinburg but also another at the Vaughan Metropolitan Centre (VMC), with soaring ceilings and an airy modern esthetic.
The opening of this boutique Canadian coffee shop is the first in York Region, bringing the total number of Balzac’s locations in Ontario to 16.
City of Vaughan
Vaughan’s emerging downtown core continues to attract significant investment opportunities – in fact, a recent submission was received for development of two additional residential towers in the VMC. To date, close to 36,400 residents in almost 18,384 residential units are moving into the VMC.
In total, staff are working on 38 development files – including six that are in the pre-application consultation phase and represent an additional 13,524 units.
Business in Focus
The VMC area is in high demand, says Mayor Bevilacqua, and that kind of focus will distinguish it from other downtowns. The Vaughan advantage is something truly unique, beginning with it’s location, situated within a 10- to 15-minute drive from Canada’s busiest airport, Lester B. Pearson, and within a day’s reach to a market in excess of 150 million people.