SmartCentres Development to Reshape Corner of Highways 400 and 7
Urbantoronto.ca
June 9, 2020
Marc Mitanis
The mixed-use SmartVMC development is creating a new and true urban centre for Downtown Vaughan. As the masterplanned project by SmartCentres progresses, another multi-phase development from the REIT--which is evolving from shopping centres to city centres--will reshape the northwest corner of Highways 400 and 7 using the same tried-and-tested design principles.
The project will occupy a 8.2-hectare J-shaped property currently defined by three large commercial retail buildings. The site at 137 Chrislea Road and 57 through 101 Northview Boulevard is located within the Weston Road Secondary Plan area. The property is serviced by a VIVA Rapidway station, providing a direct transit connection to Vaughan Metropolitan Centre subway station, and from there, Downtown Toronto.
Featuring disparate architecture by Weston Williamson + Partners and Turner Fleischer Architects, a total of 14 buildings ranging from 8 to 45 storeys are proposed. Separated by green spaces, five high-rise towers would be positioned on the eastern edge of the site facing Highway 400. A more modest collection of mid-rises are proposed on the remaining lands to the west, with the development serviced by a new central spine road and several other minor roads.
SmartCentres Highway 400 & 7 is informed by the same core principles guiding the development of SmartVMC, with an acute focus on transit connectivity, quality open spaces and distinct architecture. Official Plan and Zoning Bylaw Amendment applications are currently being reviewed by the City of Vaughan. An application for Site Plan Approval to permit the first phase will be submitted shortly.
SmartCentres REIT owns approximately 3,500 acres of land situated at major intersections across every province in Canada. The company has embarked on a strategic diversification of its real estate portfolio, with its SmartLiving sub-brand driving residential development on dozens of SmartCentres' properties. A $12 billion development program was announced in 2019 and will transform 94 of the 165 SmartCentres properties.
You can learn more from our Database file for the project, linked below. If you'd like to, you can join in on the conversation in the associated Project Forum thread, or leave a comment in the space provided on this page.