{"id":18634,"date":"2023-06-25T20:56:34","date_gmt":"2023-06-26T03:56:34","guid":{"rendered":"https:\/\/essential.construction\/news\/with-sales-underway-park-place-is-next-to-join-the-thriving-smartvmc-community\/"},"modified":"2023-06-25T20:56:36","modified_gmt":"2023-06-26T03:56:36","slug":"with-sales-underway-park-place-is-next-to-join-the-thriving-smartvmc-community","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/with-sales-underway-park-place-is-next-to-join-the-thriving-smartvmc-community\/","title":{"rendered":"With Sales Underway Park Place is Next to Join the Thriving SmartVMC Community"},"content":{"rendered":"

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As the Vaughan Metropolitan Centre continues to grow, SmartVMC is emerging as one of the anchors of the urban hub. The 100-acre master-planned community from SmartCentres REIT<\/a> that has been at the heart of VMC since its first building was completed in 2016, and is just getting started. Adding on to the excitement, the project’s next phase \u2014 two towers of soaring residences dubbed Park Place<\/a>\u00a0\u2014 is now in the selling stage, and with a lively community already established in SmartVMC, the area is ready for its next wave of residents.\u00a0<\/p>\n

Park Place, two-tower residential development designed by HPA, image courtesy of SmartCentres<\/span><\/p>\n

In the span of seven years, SmartCentres, along with their residential sub-company SmartLiving, saw three projects completed to kickstart the SmartVMC community; the 14-storey Class A commercial KPMG Tower<\/a> was the first, followed by the five-phase\u00a0Transit City<\/a> residences, and then the commercial-and-community mixed-use PwC Tower<\/a>.\u00a0Their fourth project, The Millway, is also on the verge of completion, slated to expand Vaughan’s finite supply of purpose-built rentals with over 500 new units that are leasing now.\u00a0But while the overall development will continue to evolve over a period of decades, the framework for a vibrant community is already in place.\u00a0<\/p>\n

To begin, the PwC Tower is home to a new state-of-the-art community centre built right into its podium that provides a wealth of programming for local residents. Offerings include a YMCA fitness and aquatic centre, a daycare, a creative learning hub, and a new Vaughan Public Library branch. This wide selection of amenities attracts a diverse spread of people throughout the day, using the spaces for different purposes. In this way, the building takes on an integral role in the community, as a hub for creative and active recreation.\u00a0<\/p>\n

The PwC Tower is also a recently opened mixed-use community centre, image courtesy of SmartCentres<\/span><\/p>\n

In terms of retail, SmartVMC’s newest addition is\u00a0the first Vaughan location of the high-end BUCA restaurant,\u00a0which is now officially opened after much anticipation and excitement from VMC residents. BUCA is the latest in a series of boutique food options that will continue to populate SmartVMC as it expands further, adding on to the existing list of offerings that includes Balzac’s Coffee Roasters, Pumpernickels, and Roll N’ Go Sushi.\u00a0<\/p>\n

Balzac’s Coffee Roasters is now open in the PwC Tower, image courtesy of SmartCentres<\/span><\/p>\n

Arguably the defining feature of the SmartVMC community is a future 9-acre public park designed by Claude Cormier and his team at CCxA<\/a>. Still in development, the central green space will take on the role of the neighbourhood’s heart, offering scenic connections throughout the community and providing high quality outdoor space that is often difficult to come by in dense urban areas.\u00a0<\/p>\n

The planned park is designed by CCxA and will provide 9-acres of greenspace, image courtesy of SmartCentres<\/span><\/p>\n

While the full extent of the park may be years away, a portion of it is complete and in use already, located at the base of the KPMG Tower, a space referred to as Transit Square. Defined by a geometric paving pattern, the square is serving its intended purpose, providing a flexible gathering space for residents or office workers to enjoy time outdoors.\u00a0<\/p>\n

Transit Square surrounds the base of the KPMG Tower, image courtesy of SmartCentres<\/span><\/p>\n

With all these community amenities contributing to the quality of life in the area that Park Place will soon rise, the piece that ties it all together is transit. With the development located just steps west of the TTC\u2019s University Line 1 terminus station at VMC, a 45 minute trip will take residents from their front door to Union Station.\u00a0<\/p>\n

TTC Service runs directly to SmartVMC, with service at VMC Station, image courtesy of SmartCentres<\/span><\/p>\n

As the next phase of the forward-looking SmartVMC community, Park Place is joining what has already become an established and active urban centre. Enjoying a striking two-tower design from Hariri Pontarini Architects<\/a>, the 48 and 56-storey towers offer over 1,000 units, giving buyers a unique opportunity to be a part of the cutting edge SmartVMC community.<\/p>\n

UrbanToronto will continue to follow progress on this development, but in the meantime, you can learn more about it from our Database file, linked below. If you’d like, you can join in on the conversation in the associated Project Forum thread or leave a comment in the space provided on this page.<\/p>\n

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UrbanToronto has a research service,\u00a0UrbanToronto Pro<\/a>, that provides comprehensive data on construction projects in the Greater Toronto Area\u2014from proposal through to completion. We also offer\u00a0Instant\u00a0Reports<\/a>, downloadable snapshots based on location, and a daily subscription newsletter,\u00a0New Development Insider<\/a>, that tracks projects from initial application.<\/p>\n\n\n
Related Companies:\u00a0<\/td>\n\nANTAMEX<\/a>, Arcadis<\/a>, CCxA<\/a>, CFMS Consulting Inc.<\/a>, Cornerstone Marketing Realty<\/a>, Diamond Schmitt Architects<\/a>, Doka Canada Ltd.\/Ltee<\/a>, entro<\/a>, EQ Building Performance Inc.<\/a>, Figure3<\/a>, Hariri Pontarini Architects<\/a>, Isotherm Engineering Ltd.<\/a>, L.A. Inc.<\/a>, LiveRoof Ontario Inc<\/a>, McIntosh Perry<\/a>, MHBC Planning<\/a>, Multiplex<\/a>, Myles Burke Architectural Models<\/a>, PCL Construction<\/a>, Precise ParkLink<\/a>, Rebar Enterprises Inc<\/a>, RJC Engineers<\/a>, SmartCentres REIT<\/a>, State Window Corporation<\/a>, Trillium Architectural Products<\/a>, UCEL Inc.<\/a>, Vortex Fire Consulting Inc. <\/a><\/td>\n<\/tr>\n<\/table>\n<\/div>\n