by Steve Randall
25 Sep 2018
A new tower will set a new high for the Mississauga skyline, soaring 81 storeys to become the city’s tallest by a strong margin – and take its place among the GTA’s giants.
Rogers Real Estate Development has announced the third of its M City towers along the western edge of Mississauga’s emerging downtown.
“M City is the first residential development for the Rogers Family and we are thrilled to once again be partnering with the City of Mississauga. Our goal is to develop a world-class community befitting any city in the world. The unveiling of M3 is a significant step towards that goal,” says Edward Rogers, Chair of Rogers Communications.
The development of M City’s first two phases began just a few months ago and will bring more than 1,570 new units to the city’s residential inventory.
New downtown vision
When M City is completed, the 8-tower, 15-acre, 4.3 million sq. ft. master-planned community will reflect the city’s own vision for a new downtown and introduces two acres of public parkland onto the site.
“We are working to build a complete, well-planned city. Today is another important milestone as we shape our City’s growing and thriving downtown core. Once complete, M City will define the western edge of downtown Mississaugaand will perfectly compliment the Absolute Towers to the east. These significant and ongoing building investments help strengthen our City’s tax base which allows Council to fund important resident priorities we all rely on including libraries, community centres and public transit,” said Mayor Bonnie Crombie.
Source : MORTGAGEBROKERNEWS.CA
https://www.mortgagebrokernews.ca/market-update/mississauga-tower-will-be-the-citys-tallest-248448.aspx