Project Name:
TOWN CENTRE PLACE
Source:
https://atriadevelopment.ca/blog/atria-begins-largest-purpose-built-rental-development-in-the-gtha/
Atria Begins Largest Purpose‑Built Rental Development in the GTHA
NOVEMBER 27, 2023
Atria Development Corp. is proud to announce the start of construction on the first phase of Town Centre Place at 1680 Brimley Road in Scarborough, Ontario. This phase comprises a 38 story tower and a 40 storey tower, with a shared podium that will bring more than 900 apartments to market in 2027.
The project is the single largest purpose-built rental development to begin construction in the Greater Toronto Hamilton Area (GTHA) in 2023, representing a 30% increase in the number of rental units starting construction this year.
Town Centre Place is ideally situated across the street from Canada’s fifth largest mall, Scarborough Town Centre, the biggest retail destination in the city’s east end. The location offers easy access to Toronto’s forthcoming TTC Line 2 extension and Highway 401, as well as many shops, restaurants, entertainment and parks.
The initial phase of construction involves the drilling of 190 bore holes, each reaching approximately 850 feet below ground. These will become one of the largest geothermal installations for a residential building in Canada, helping to achieve a 50% reduction in greenhouse gas emissions and a 40% reduction in annual energy consumption for the project*.
Phase 1 of Town Centre Place will feature beautifully appointed Studio, 1 Bedroom, 2 Bedroom and 3 Bedroom suites. The development will also offer a wide variety of amenities including a gym, spin studio, sauna, basketball half-court, banquet hall, private dining rooms, kid’s play zone, workshop, theatre, games room and more. Outdoor gardened terraces and courtyards will add a further 23,000 square feet of amenity space.
Upon completion of Phase 2, Town Centre Place will comprise nearly 1,600 units in 4 towers connected by enclosed bridges that incorporate indoor and outdoor amenity spaces. Phase 2 will also add a daycare facility, public plazas and 28,000 square feet of retail space to the community.
For further information, please
enquire here.
