Mimico residents are bracing up for more construction, trucks and activity in the area as plans are underway to build a huge multi-year condominium community near the Royal York Go Station.
Grand Central Mimico is being promoted as a master planned mixed-use community that will feature retail and office space. Well known developer Vandyk has partnered with Metrolinx and the Mimico Go Station will be directly connected to the building.
The development at 327 Royal York Road has been on the drawing board for years.
The Grand Central Mimico is a three-tower condo development that is breaking ground in the Royal York Rd., and Newcastle St. area of Mimico, according to Vandyk.
The site is just north of the Mimico GO Station, at 315 Royal York Road, in an area called the Mimico Triangle, which is deemed for light industrial land use. Vandyk is the largest landowner in the area, and has proposed high-density developments at 23 Buckingham and 39 Newcastle Sts.
The Buckingham, at 3 Buckingham St., is the name of the first phase of Grand Central Mimico.
It is slated to be 39-stories, and will have 751 units, a social club with multiple lounges, movie theatre rooms, a co-working space, retail including a grocery store, outdoor terraces, and a spa with a gym, yoga studio and steam room.
The reconstructed Mimico GO Station would include direct connectivity to Royal York Road, pick-up and drop-off spaces, a west tunnel providing platform access, a transit plaza, and bicycle facilities. A multi-use pedestrian and cyclist path would form part of the Mimico-Judson Greenway contemplated by the Mimico-Judson Secondary Plan.
The project will be focused on public transportation, with Metrolinx on board.
The area is expected to eventually contain more than 3,000 condo units, 1.25 km greenway along the rail corridor, a 12-acre sports field, dozens of stores, offices, public art, restaurants and wellness centres.
It will take years to complete and will be done in phases, with condo sales for the first of three residential towers now open.
The project is being promoted as “Toronto’s new transit-tailored community, which is anchored by Mimico GO Station.
“This community will be a vibrant, all-inclusive and future proof neighbourhood,” Vandyk states in its marketing. “…transit and modern amenities converge to create South Etobicoke’s most relevant and significant community.”
They said the project is “two million square feet of mixed-use development, spanning four city blocks and anchored by over 1.85 million square feet of inspired residential living.“