{"id":19736,"date":"2023-07-19T22:01:05","date_gmt":"2023-07-20T05:01:05","guid":{"rendered":"https:\/\/essential.construction\/news\/utpro-instant-reports-mid-and-high-rise-living-coming-to-newmarket\/"},"modified":"2023-07-19T22:01:06","modified_gmt":"2023-07-20T05:01:06","slug":"utpro-instant-reports-mid-and-high-rise-living-coming-to-newmarket","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/utpro-instant-reports-mid-and-high-rise-living-coming-to-newmarket\/","title":{"rendered":"UTPro Instant Reports: Mid- and High-Rise Living Coming to Newmarket"},"content":{"rendered":"

\"-\"<\/a>
\n<\/p>\n

\n

In this week’s snapshot UrbanToronto Pro Instant Report, our focus is Newmarket, just west of its charming downtown area. Through the Custom Location Report, powered by data from our UTPro service, today’s report is centred on 360 Davis Drive. This family-oriented area in northern York Region of the Greater Toronto Area boasts a rich history. Newmarket GO station is conveniently located within our 800m circle.<\/p>\n

Map view of the area surrounding 360 Davis Drive, image from UTPro Instant Report<\/span><\/p>\n

As of mid-2023, the neighbourhood and its surrounding area are beginning to experience a new wave of infill through mid- and high-rise condominiums, that promise to bring a fresh dynamic to the area. There are five projects in the pre-construction phase, two under active construction (with one phase completed at one of them), and another recently completed project contributing to this atmosphere of growth. The developments, a blend of commercial and residential projects, are set to incrementally transform this historic Newmarket neighbourhood.<\/p>\n

The one fully completed development in the area is\u00a0was finished in 2022.\u00a0King George School Lofts & Townhomes<\/a> stands as a beacon of adaptive reuse, transforming the heritage King George School into a vibrant residential complex. Designed by\u00a0AUDAX architecture<\/a>\u00a0for\u00a0The Rose Corporation<\/a>, the project offers a blend of townhouses, condominiums, and freeholds within four 2-storey buildings.<\/p>\n

Looking east to King George School Lofts & Townhomes, image by UrbanToronto Forum contributor ben.thebean1<\/span><\/p>\n

Phase 1 of\u00a0The Davis – Residences at Bakerfield<\/a> is creating a buzz as Newmarket’s first new condominium development in 30 years. The first of three phases with the other two still under construction, this complex is also developed by\u00a0The Rose Corporation<\/a>, this time with architecture by\u00a0RAW Design<\/a>. Located at 175 Deerfield Road construction is underway on phases 2 and 3, with phase 1 already standing 15 storeys and boasting 219 units.<\/p>\n

Looking east to construction for The Davis – Residences at Bakerfield, image by UrbanToronto Forum contributor Branden Simon<\/span><\/p>\n

Projects in planning and\/or sales phases here include a proposed mid-rise condo at 201 Davis Drive<\/a>\u00a0which would stand six-storeys and offer 147 units upon completion, enhancing the residential diversity of the Bristol-London area. Developers Mosaik Homes<\/a>\u00a0and\u00a0Bazil Development Inc<\/a>\u00a0have partnered on this project featuring a design by\u00a0SRN Architects Inc.<\/a>\u00a0<\/p>\n

Looking south to 201 Davis Drive, designed by SRN Architects Inc for Mosaik Homes, Bazil Development Inc<\/span><\/p>\n

Delving deeper into the data, some intriguing trends emerge. The projects around 360 Davis Drive showcase a diverse range of heights as Newmarket welcomes a new wave of condominiums, with the maximum building height to reach 47m. The average height, however, remains modest at 16.4m. Moreover, the total number of dwellings across these developments is set to total 940, demonstrating the area’s substantial growth potential.<\/p>\n

\u00a0<\/p>\n

Statistics on the GFA breakdown for the area, image from UTPro Instant Report<\/span><\/p>\n

Activity in the Downtown and Bristol-London neighbourhoods illuminate central Newmarket’s current evolution. The ongoing projects in the surroundings of 360 Davis Drive show us the area is bound for incremental growth, holding out the promise of a more vibrant mix of residential and commercial spaces for the area.<\/p>\n

* * *<\/p>\n

As UrbanToronto continues to refine its role in the GTA development industry, our data services have evolved to become one of our defining elements and we want to share those capabilities with our community. The\u00a0UrbanToronto Pro Instant Reports<\/a>\u00a0is just one of the ways our data can be applied to provide quick and convenient insights on the development trends of any area in the GTA, with filters for Wards MLS Zones, and Custom Areas.\u00a0<\/p>\n<\/div>\n