A development that aims to turn a Toronto mall into a new mixed-use community is one step closer to reality.
The North American Development Group (NADG) has revealed updates and new details about its planned revitalization of Scarborough's Agincourt Mall.
Last year, Toronto City Council approved a zoning by-law amendment that permits the project to proceed, and NADG is currently working with the City to secure approval of its Site Plan application for the first phase of the redevelopment, as well as the design for public streets and related infrastructure.
"Our original vision of transforming Agincourt Mall into a vibrant community to live, shop and work, is coming to fruition," Steve Bishop, NADG’s Vice President of Development Services, said in a release.
"We are pleased to be advancing our Phase One Site Plan Application with the City of Toronto. The end result will be a great addition to the Agincourt community."
Phase One of the project will see two towers replace what is currently a Walmart. The towers - one rising 26 storeys and the other soaring to 42 storeys - will sit atop a six-storey podium, offering 659 new residential units. A total of 13K sq. metres of retail space will line the base of each tower.
READ: Towering Rental Complex Planned for Scarborough Strip Mall Site
Future phases of the high-density, mixed-use community will include a variety of small and large shops, as well as a supermarket and restaurants. A new retail promenade will be characterized by boulevard cafés, lush landscaping, and meeting places. Family-focused, the community will include a childcare facility and a new non-profit community space.
"The current retail mall, situated on 26 acres of land, will be transformed into a safer, pedestrian-friendly community with wide sidewalks, new bike paths, public spaces, and enhanced connections to the surrounding community," Bishop said.
The plan includes two City-deeded parks that will span a combined 3.7 acres, as well as four new privately-owned public spaces. A new multi-use path will link new and existing green spaces and connect to the redeveloped Agincourt GO Station.
Upon completion, the development will transform the mall into a new residential community with over 4,300 units in 10 towers, which will range from 11 to 43-storeys and sit atop podiums, as well as 39 new townhouses. Affordable housing units will be spread across the community as well.
"Renewal at Agincourt Mall can be a catalyst in strengthening one of Scarborough’s most significant neighbourhoods," NADG said.
"Creating new community infrastructure will make this area of Toronto more vibrant, more connected and better suited for tomorrow."
