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Square One District Condos is a new condo development by The Daniels Corporation and Oxford Properties, currently in preconstruction at 4220 Living Arts Drive, Mississauga. The development is scheduled for completion in 2024. Sales for available units range in price from $410,900 to over $797,900. Condominiums at Square One District has a total of 977 units. Sizes range from 425 to 872 square feet.
Mississauga’s downtown core is about to begin a complete transformation. Currently, this area is best known for being the home of Square One Shopping Centre – the largest shopping mall in Ontario and the second largest in Canada.
This entire development will be bounded by Burnhamthorpe Road to the south, Confederation Parkway to the west, Highway 403 to the north and Hurontario Street to the east. This complex will be considered a city within a city.
Investors can expect an employment hub with multiple buildings reserved for office space and a one-stop shop for all of your retail and entertainment needs. Residents here will live in the luxury of convenience where they will have everything they need right at their front door.
Square One District Condos will build on the massive parking lots and open spaces that surround Square One. The owners of Square One Shopping Centre, Oxford Properties, are teaming up with The Daniels Corporation to take this underutilized land and build a forward-thinking city of the future.
The first phase of Square One District condos will begin building two pre-construction condominiums at the Southeast corner of Rathburn Road and Confederation Parkway. These two condominiums will rise 36 and 45-storeys high and will be connected by a shared podium.
These towers will collectively house 977 residential units, 575 of them will be condominium suites while 402 will be rental units. The first tower of condominiums at Square One District will be rising 45 storeys high and offering studio to two bedroom plus den layouts, condominiums at Square One District provides thoughtfully designed suites ranging from 425 sq.ft to 872 sq.ft.
Designed for urban living, the best-in-class amenities include a half-court gym, fitness zone, climbing wall, co-working zone that makes working from home a breeze, entertaining areas, a lobby with 24 hour concierge, a lounge that opens up to an expansive outdoor terrace, media and dining studios, catering kitchen, community urban gardening plots and garden prep studio, kids’ zone for children of all ages and more.
The heart of this district will be called The Strand and will consist of a pedestrian-friendly space that connects residents to each tower of the complex as well as a community park, restaurants, cafes, nightlife and the transit hub. The goal of The Strand will focus on the human experience and connecting people to each aspect of the complex. The Strand will bring a sense of community while incorporating elements of living a downtown lifestyle.
Office buildings will play an important role in this development. Not only will this project create 35,000 new jobs but the office towers will be the first major commercial development in Mississauga.
The Daniels Corporation is a one of the biggest and most renowned developer/builders in Canada today. With over 34 years in the industry, they have built over 27,000 homes that encompass master-planned communities, apartments, retail and commercial spaces throughout the GTA.
John H. Daniels is the company’s founder and has been an integral figure within the real estate enterprise. They build with an ardour for devising dynamic communities in each sense of the word, where its residents take pride in where they live, work, create, shop and play.
Cultural, social, and economic infrastructures plays a huge factor in creating a completely unique sense of place, where all its residents can embrace as a community.
Among its many initiatives, the company became the first developer to build rental housing and offer incentive programs that assist people in attaining home ownership.
They introduced Gateway Communities offering a home investment program, where a portion of a tenant’s monthly rent could be directed to saving a down payment toward the eventual purchase of a new Daniels home, making it less complicated for first-time buyers to achieve home ownership.
They were selected to partner with Toronto Community Housing (TCH) to revitalize Regent Park in the heart of Toronto’s Downtown East neighbourhood. Regent Park today is now a metropolis within the city and offers an exciting home base for downtown dwellers, professionals, singles, couples, empty nesters, urbanites and growing families.
They bring about integrity, ingenuity and vision to every residential community they formulate. You see their dedication to excellence in every meticulous detail by seeing every project from construction through to the final delivery of their brand.
Oxford Properties is one of the most prominent real estate organizations not just in Canada, but the entire world. They were originally established in Edmonton, Alberta in 1960. At that time, they helped invest, finance, and build medical clinics, but today they are a multinational group that has assets throughout Canada, the United States, and Europe. You’re definitely going to want to watch for their pre-construction condominium projects.
One thing that sets this developer apart is that they’re owned by one of the country’s largest pensions. The company is owned by the Ontario Municipal Employees Retirement System — or OMERS for short. This is a massive pension plan for government workers in Ontario, and in and of themselves, they are responsible for $95 billion in net investments.
There’s no question that Oxford Properties is one of the leading assets in OMERS. They have 2,200 employees working for them, and are currently building 20 different projects across the globe. They have $50 billion in assets that they manage for their investors and partners.
They have a practical approach to their buildings. They pride themselves on their ability to make and keep promises, which has gone on to bolster their international reputation. An ability to stay true to your commitments is more valuable than gold in the international real estate market.
It also leads into their next principle of having a big picture approach while also letting the details define who they are. This represents so much in their philosophy. It’s allowed them to become an international heavyweight by choosing the right market, while also being a reputable company who knows how to offer the finer things in real estate development. This is just one reason why you should watch for their condominium projects.
One of their most valuable commitments is their dedication to sustainability. They don’t only believe that businesses can thrive and grow using sustainable practices, but they believe that it’s an integral facet to building a company for the future. Their sustainability efforts have made them an award winning developer, being given the Solar PV Project of the Year Award by CandSIA at their 2017 Game Changer Awards.