Spring has acquired a 2.8 acre (1.13312 hectares) property in Toronto's
Junction Triangle neighbourhood along the Sterling strip.
Future development will “serve as a form of urban acupuncture, filling in and connecting the currently vacant lands that surround the Museum of Contemporary art to the broader community by offering new housing, retail and office opportunities while contributing to community infrastructure with a new public park, road and connections to the West Toronto Railpath,” said Marlin Spring’s Pedro Lopes, Senior Vice President, Developments.
The developers will implement the public realm focused master plan to deliver over one million square feet of residential, retail and commercial space, including a new child care facility and affordable housing.
With unrivalled access to public transit and cycling infrastructure, the site is located within walking distance of the second largest transportation hub in the City. Access to the UP Express offers a 10-minute ride to Union Station and a 15-minute ride to Pearson International airport.
Read the full News release here: