Mimico Residents Association, in partnership with the South Etobicoke Community Land Trust (SECLT) and the Community Benefits Association of South Etobicoke (CBASE), is pleased to invite you to a community town hall to discuss the twice-suspended โGrand Central Mimicoโ development and options for helping move the project forward in a community-oriented direction.
๐๐ก๐ข๐ฌ ๐๐ฏ๐๐ง๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐ญ๐๐ค๐ ๐ฉ๐ฅ๐๐๐ ๐จ๐ง ๐๐ก๐ฎ๐ซ๐ฌ๐๐๐ฒ, ๐๐๐ฉ๐ญ๐๐ฆ๐๐๐ซ ๐๐๐ญ๐ก, ๐๐ซ๐จ๐ฆ ๐:๐๐ ๐ญ๐จ ๐ ๐ฉ๐ฆ, ๐๐ญ ๐ญ๐ก๐ ๐๐ข๐ฆ๐ข๐๐จ ๐๐๐ง๐ญ๐๐ง๐ง๐ข๐๐ฅ ๐๐ข๐๐ซ๐๐ซ๐ฒ (๐๐ ๐๐ญ๐๐ญ๐ข๐จ๐ง ๐๐จ๐๐) ๐๐ง๐ ๐๐ฅ๐ฌ๐จ ๐จ๐๐๐๐ซ๐๐ ๐จ๐ง๐ฅ๐ข๐ง๐ ๐ข๐ง ๐ก๐ฒ๐๐ซ๐ข๐ ๐๐จ๐ซ๐ฆ๐๐ญ. To RSVP (whether online or in person), click here:ย https://mimicoresidents.us5.list-manage.com/track/click…
Grand Central Mimico – intended as a transit oriented community to revitalize the Mimico GO station as well as build much needed housing units directly next to the station – has entered receivership for the second time. This means the developers have run out of funding and cannot complete the project, leaving our community with a gaping hole in the ground for going on ten years.
In addition, our conversations with the receivership company and others indicate that current market conditions make it extremely unlikely that a third developer will pick up the project in the near future. Somehow – despite an ongoing housing crisis – it is not considered sufficiently profitable to build housing directly atop a major transit line. No, we donโt understand it either.
๐พ๐ ๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐ ๐ ๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐ ๐ ๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐๐.
We are holding this town hall as an introductory conversation with you and the rest of the South Etobicoke community who are impacted by this, to collectively explore ideas for resolving the issue without waiting for yet another developer or the government.
We will send an event agenda to RSVPโd individuals in advance of the event, and we will send a survey to those who are unable to attend but still want to share their thoughts.