Some developers aren't just building structures - they're building communities. realestate realestatenews community development
For the St. Clair corridor, that meant an old Imperial Oil building and a handful of office structures transforming into thousands of new residences in the award-winning master-planned community Imperial Village — a wide-scale reawakening of the St. Clair strip. as a flourishing downtown destination with millions of square feet of shopping, dining, public parks and spaces, and a boutique hotel to lure travellers from all over the world.
The decision can be as simple as burying parking underground, Castellano explains, which is not yet common in Mississauga projects. Underground parking is much more expensive but allows retail, dining and services at the pedestrian level — but for a developer seeking top profits, it would be better to sell those floors as residences.
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