Anticipation for Toronto's new Crosstown LRT continues to spur redevelopment visions from property owners along Eglinton Avenue seeking to densify lands near the stations. SmartREIT, the developer of SmartCentres big-box complexes who have recently moved into more urban-oriented development such as the transformation of Vaughan Metropolitan Centre, is looking to take advantage of the improved transit access to redevelop their Westside Mall property, a 140,000 square foot big-box complex anchored by a FreshCo, Canadian Tire and Dollar Tree.
Presented as an 'ideation' in a recent investor presentation, the rendering below depicts the construction of 12 buildings on the site. To be clear, this is not an official proposal nor application to the City, just a concept of what could be proposed for the site. The long-term vision is looking to add 2.5 million square feet of residential and retail space to the property.
The development will be directly adjacent to the Caledonia Crosstown LRT Station, where Metrolinx also plans to build a new stop on the Barrie GO Line as part of its expansion: this spot have a direct GO Train connection to Union Station.
To join in on the conversation and give your thoughts about this potential proposal, visit the associated Forum thread, or leave you comments in the space provided on this page.
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|Related Companies:||Crosslinx Transit Solutions, GFL Environmental Inc., IBI Group, Metrolinx, NORR Architects, Toronto Transit Commission|