Big changes have been happening over the past few months at the site of Exchange District in Mississauga (just south of the Square One Shopping Centre), to prepare for the groundbreaking ceremony we attended in October.
The site at 151 City Drive was fenced off this past spring as construction crews worked hard to demolish the office building that once sat at the site. Those who visited the opulent presentation centre may be familiar with this location as it was once buzzing with enthusiastic buyers before COVID-19 distancing measures forced Camrost-Felcorp to switch to their virtual model-- which allowed for work to move forward on the project site.
Exchange District is set to overtake the height of the 180-metre-tall Absolute World (aka Marilyn) tower which is currently Mississauga’s tallest building. This IBI-designed, master-planned community will bring towers of 30, 42, 60 and 72 storeys, containing a mix of condominiums, two million square feet of retail, shopping, dining, office and commercial spaces, a boutique hotel, plus a new park and public realm space.
Other nearby attractions and amenities include Square One which is a bustling and thriving shopping centre that is second only in Canada to the West Edmonton Mall in terms of size. Home to some 360 stores covering some 200,000 square meters, this retail paradise is located just 3 minutes away from the condo, offering residents instant access to top brand stores like Walmart Supercentre, Hudson’s Bay, and Holt Renfrew.
While Square One is enough to fulfil many people, downtown Mississauga offers so much more. Outside the mall and within a 6-minute walk, residents can reach such important Mississauga venues like Mississauga Civic Centre, a Sheridan College campus, the city’s largest public library (Central Library), the Art Gallery of Mississauga, Celebration Square, and the Living Art Centre, the city’s massive multi-use arts facility.
Located a little further away but still within the walkable orbit of the condo are many restaurants, cafes, banks, hotels, bars, an LCBO outlet, and drug store. With some many conveniences located nearby, this area has been awarded a rare “Walker’s Paradise” Walk Score of 92, meaning that daily errands in this neighbourhood do not require a car.
By accessing transit or a car, these options only become more plentiful. For more retail services, residents can drive to the nearby Golden Square Centre, a T & T Supermarket, the Central Parkway Mall that includes a Food Basics grocery store, and the Heartland Town Centre, a massive 670,000 square meter retail complex featuring such big brand stores like Canadian Tire and Costco.
As convenient as retail services are here, the city has made a point to counterbalance the city core with an abundant number of green spaces. Parks that can be found to the west include Community Common Park, Zonta Meadows Park, Kariya Park, and John Bud Cleary Park; to the south, Fairview Park; and to the east, one will find Woodington Green, Greenfield Park, and Stonebrook Park. If that wasn’t enough, the nearby Mississauga Valley Park serves as a popular green space that comes equipped with a community centre and splash pad among its numerous sports facilities.
And yet, an abundance in daily conveniences doesn’t mean that there isn’t any room to grow in downtown. A wide range of educational facilities located in the neighbourhood includes Fairview Public School, Father Michael Goetz Secondary School, TL Kennedy Secondary School, and Thornwood Public School. At the same time, area residents can find health care services provided at Trillium Health Partners located 9 minutes away.
Located just ten minutes away from Exchange District Condos, the City Centre Transit Terminal provides bus service for the Mississauga and Brampton public transportation systems. Among the 20 bus routes that make a stop here is the Mississauga Transitway, a dedicated 18 kilometre-long east-west express bus that serves as the fastest way to get across the city. This great convenience will only increase in the future when the Hurontario LRT is completed in 2022, offering residents a quick and easy way to travel around the city.
Just north of the station is the Square One Bus Terminal, another bus station offering regional GO bus service. For GO train service, residents have a choice of nearby GO stations: Cooksville to the south (12 minutes by transit), Erindale to the west (15 minutes by transit), and Port Credit GO Station serving the Lakeshore West line (27 minutes by transit).
Meanwhile, motorists have a number of fast roadways to aid them on their commute. Highway 403 is located immediately to the north and is just 4 minutes away by car; reaching Highway 401 takes 6 minutes more while Highway 407 will take a total of 15 minutes. To the south, drivers can reach the Queen Elizabeth Way in just 9 minutes by car.
The Exchange District is a top-tier residence offering the best in today’s urban lifestyles while changing Mississauga’s skyline forever. Investors and those looking to set down roots are prompted to act without delay on this golden opportunity.
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