Huge new community proposed for Mississauga’s waterfront could get thumbs up tonight

By

Published November 8, 2021 at 5:00 pm

Lakeview Village, a 177-acre mixed-use community proposed for the waterfront, could clear one more hurdle tonight. (Illustrated rendering: Lakeview Community Partners Limited)

A huge proposed waterfront community in southeast Mississauga that has received international attention could get the conditional green light tonight to proceed. 

If approved, Lakeview Village, a 177-acre mixed-use waterfront project to be built where the Lakeview Generating Station once stood, will feature a state-of-the-art innovation district that aims to become “the largest hub for technology, innovation and research in Canada,” according to the developers. 

The community would bring more than 8,000 new homes and some 9,000 long-term jobs to the city. 

Residents opposed to the development since its inception more than three years ago continue to insist the new community—in addition to the nearby 3,000-home Brightwater development in Port Credit—will create traffic chaos on an already-busy Lakeshore Rd. 

Additionally, some say, Mississauga could use more greenspace, not less. 

“Those two very large sites…will present a never-ending traffic problem for the southern part of Mississauga,” longtime resident Peter Nazwaski wrote in an email to insauga.com. “Those two sites should have been waterfront parks to satisfy the recreation needs of residents who, for years, have been over-burdening the few waterfront parks in Mississauga.” 

City of Mississauga planning staff is recommending approval of the development at tonight’s meeting of Planning Committee on condition that outstanding issues related to noise, odour and traffic capacity are addressed.  

Staff said it’s satisfied the proposed community aligns with Mississauga’s vision and will not create traffic chaos. The new Lakeshore Bus Rapid Transit system, to be up and running in a few years, will offset the bulk of traffic concerns, staff said earlier. 

In highlighting ongoing work at the site, Lakeview Community Partners Limited (LCPL) said earlier its ambitious project will serve as a model for sustainable mixed-use developments across the country.   

In short, the developer says, it will be a “smart, future-ready city” that will be important to the economic recovery of Mississauga and areas beyond as it promises to draw and keep, in partnership with the City’s Economic Development Office, 9,000 long-term jobs in “higher-paying, knowledge-based sectors.”  

Additionally, 8,050 new units of diverse housing are in the works for Lakeview Village, which was featured in a Bloomberg News article in 2019. 

When the massive development would be open for business, and move-in ready for residents, isn’t yet known. 

LCPL says that what it calls the Lakeview Innovation District will be centrally located within the region’s larger innovation corridor and integrated into the broader Lakeview Village community. Furthermore, it has the potential to compete alongside the top technology hubs in the world, the developers say.  

The former Lakeview Generating Station lands sat vacant for years until LCPL purchased them in 2018 and began creating a vision and master plan for the site. 

The ambitious development will feature transit-connected housing, office space, retail, restaurants, trails, parks, greenspace, and cultural and recreational amenities.   

The community would also be connected to the nearby 64-acre Jim Tovey Lakeview Conservation Area, named for the late city councillor who worked to bring the project to fruition. 

 

 

insauga's Editorial Standards and Policies

Related News

advertising