Here’s what’s replacing this recently-demolished building in Mississauga

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Published August 4, 2020 at 1:35 am

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A well-known brutalist eyesore that was once home to a heavily-trafficked Tim Hortons has been torn down, and something sleeker, chicer and significantly more modern (and, dare we say, exciting) will soon take its place.

If you live in or frequent the Square One area, you’ve probably noticed that the boxy brown office building that stood tall and proud at 151 City Centre Drive for decades has been turned to dust.

The building was demolished to make way for The Exchange District, a Camrost Felcorp development that will span two million square feet and feature condominium towers, a new boutique hotel, shops, restaurants, office and commercial spaces, new parks and more. 

According to Exchange District’s official website, the first phase, EX1, will be a sleek black and white metal and glass structure with a 24-hour concierge, pet spa, fitness centre, basketball half-court, indoor pool and hot tub, cold storage (for fresh produce), lobby access to a café and bar, executive boardrooms, work from home space, a lounge and more. 

EX2 will feature a ground-floor grocery store with direct lobby access, an outdoor lounge with BBQs and seating, a rooftop sky restaurant, a sky gymnasium and 360-degree running track, a private social gathering room with exclusive outdoor space, a games room and lounge, resident wine storage, a private dining room, a 24-hour concierge, parcel room and more. 

While the condos are exciting enough (as common as condos are, you don’t hear about rooftop restaurants taking shape in residential developments in Mississauga that often), the towers will actually sit in the new Exchange Area development, which will sit adjacent to Square One and boast parks and other publicly-accessible spaces. 

The major development is actually part of Mississauga’s ambitious Downtown 21 plan, a massive redevelopment plan that aims to transform City Centre into a walkable, mixed-use space that’s distinctly urban and “big city” in scope and design.

The development is one of many in the area, as the city’s downtown core will also be home to the distinctly urban Square One District, a 130-acre, 18 million square foot, master-planned, 35,000-person mixed-use community. Square One District is actually the largest mixed-use downtown development in Canadian history.

The neighbourhood is also the site of the budding M City development, an eight-condo community that will span 15 acres (and offer two acres of public parkland) that broke ground relatively recently. 

Anyone interested in purchasing a unit in The Exchange District can register online.

Map courtesy of The Exchange District’s official website

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