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TORONTO \u2014 The Ontario government has issued four Minister\u2019s Zoning Orders (MZOs) in order to help deliver more than 6,800 new homes as part of a transit-oriented community (TOC) near the Oakville GO station.<\/p>\n
The development plan will create almost 4,000 jobs during construction and support approximately 400 new long-term jobs in Midtown Oakville, a release reads.<\/p>\n
The Oakville TOC will support the town\u2019s long-term vision for growth and aligns with the municipality\u2019s commitment to deliver 33,000 new homes by 2031. The project will also include parks and publicly accessible spaces,\u00a0bike paths and a day care.<\/p>\n
\u201cIn response to feedback received from the town and the community, Ontario is working with the municipality and impacted partners on further refinements to the Oakville TOC that will result in building heights of 38 storeys, while maintaining the overall number of homes and community benefits,\u201d the release continues.<\/p>\n
Since 2024, the province has invested more than $44 million in Oakville for housing-enabling and community infrastructure, including through the Building Faster Fund and the\u00a0Municipal Housing Infrastructure Program<\/a>.<\/p>\n This includes funding to expand the Oakville Water Treatment Plant and boost water production, enabling the construction of 25,000 new homes.<\/p>\n<\/p><\/div>\n