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Following ground breaking in October, and excavation in November, Menkes Developments and QuadReal Property Group's Festival Condominiums has recently seen two cranes go up on its site, and is awaiting its third. The development is located in 'South VMC' — which stands for Vaughan Metropolitan Centre — meaning south of Highway 7, where construction progress has been picking up pace lately.
Designed by IBI Group, the project includes four towers connected by a podium, and will boast the tallest building in Vaughan's city centre, at 59 storeys. As of right now though, the site is looking rather flat. The two newly-installed cranes are located at the part of the property where the two westernmost towers will rise, marking the first phase of the development.
On the south side of the site, just to the right of the yellow excavator parked on the road, is a small dug out area where the base for another crane has already been installed, awaiting the rest of its components.
On the other side of the site, a shoring rig is still present, as well as a handful of excavators. This suggests that the westernmost part of the project will be a few steps ahead of the east half for the duration of the construction process.
To the south of the site, there is a newly paved road, partially completed, which will become an internal private road of the greater Assembly Park community that Festival Condos are to be part of. Assembly Park is set between Highways 7 and 407 and running west to east from Highway 400 to Jane Street, and will have two private roads that will run within it, as seen in the image below.
Festival is being developed in phases, and when completed will be home to more than 4,500 residents in the 2,470 residential suites of its four towers. A central plaza is part of the 5.5-acre plan, to be encompassed by 85,000ft² of commercial space featuring dining, shopping, and lifestyle services.
The project is set to be completed in late 2024.
You can learn more from our Database file for the project, linked below. If you'd like, you can join in on the conversation in the associated Project Forum thread, or leave a comment in the space provided on this page.
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