Last Monday, city councillors gave their blessing to a huge mixed-use development planned for Mississauga’s waterfront district, moving the 177-acre project forward.
At a public planning and development committee meeting on Monday, November 8th, Lakeview Village received draught plan and official plan modification approval, as well as zoning by-law endorsement. According to a press release released by the development team, the plans were subsequently given formal approval two days later in the City of Mississauga’s council chamber.
The development partners may now proceed with the construction of the future community, which will include thousands of additional houses, parkland, and commercial space south of Lakeshore Road East at Hydro Road, thanks to the approvals.
“The DPA, OPA approval and ZBL endorsement is a landmark achievement for Lakeview Village and everyone that has worked tirelessly to bring this development to the Mississauga waterfront,” said Brian Sutherland, vice president of development at Argo Development Corporation and the development lead for Lakeview Village. “We can’t thank the City of Mississauga council members enough for confirming the community’s support of, and trust in, this project.”
TACC Construction Limited, Greenpark Group, CCI Development Group, Branthaven, and Argo Development Corporation make up Lakeview Community Partners Limited (LCPL), the group of builders behind the project.
Following the citizen-driven Lakeview Legacy Project, which piqued community interest in the site’s rehabilitation, the planning process for Lakeview Village began in 2010 with the Inspiration Lakeview visioning process. The Lakeview Village master plan was first filed in October 2018 and has since developed over the course of the development’s multi-year schedule.
Lakeview Village, which will be built on the site of the former coal-fired Lakeview Power Generating Station, will have 8,050 residential units, 400 of which will be affordable housing. Up to 1.5 million square feet of work space, as well as 180,000 square feet of commercial space and a town square, would be built to generate 9,000 jobs.
Lakeview Village will provide 67 acres of waterfront land and 27 acres of parkland, in addition to 5.5 kilometres of additional bike lanes and a new waterfront trail connection.
Lakeview Village is creating a 64-acre conservation area east of the development in collaboration with numerous stakeholders as a homage to late Councillor Jim Tovey, who helped establish the new vision for Lakeview Village.
A Cultural Waterfront precinct with pedestrian-friendly areas and an Innovation Corridor built for educational and employment applications are among the districts that will make up Lakeview Village.
LCPL will follow Mississauga’s subdivision engineering procedure and submit site plan applications for individual blocks inside Lakeview Village during the next phase of the project. Construction is expected to begin in the fall of 2022. Mississauga is collecting opinions on proposed parks in Lakeview Village via an online survey until December 9th.
“We’re one step closer to transforming our waterfront into a world-class destination rivalling Stockholm, Chicago and San Francisco,” said Mississauga Mayor Bonnie Crombie in a press release. “Our waterfront will attract a new generation to Mississauga with liveable, walkable communities connecting the lakeshore from east to west.”