Mississauga City and Rogers Real Estate Is Developing 10 New Condos Named As "M City" For $1.5 Billions

M City Mississauga

With the addition of 10 new condo towers, the skyline of Mississauga will be transformed yet again close to Downtown Mississauga. The project was announced Tuesday by Mayor Bonnie Crombie and Edward Rogers, son of Ted Rogers, who became one of Canada`s wealthiest people through his involvement in the broadcasting and publishing industries — in particular Rogers cable and wireless services. He died in December 2008. 

Rogers Real Estate Development Limited will be unveiling its plans for a 10-tower development on 15 acres of land, located at the southwest corner of Burnamthorpe Road West and Confederation Parkway.

This project has been dubbed as "M City" The family of telecom and media mogul Ted Rogers has announced plans for a $1.5 billion real-estate development in downtown Mississauga. The first phase of the development will be a 51-storey tower located on the northeast corner of the site, closest to downtown. Urban Capital Property Group is assisting Rogers Real Estate with the development process. An official site plan has not been submitted to the city, but the process is ongoing. Reeve said construction could begin by early 2018.

 

The project was announced Tuesday by Mayor Bonnie Crombie and Edward Rogers, son of Ted Rogers, who became one of Canada`s wealthiest people through his involvement in the broadcasting and publishing industries — in particular Rogers cable and wireless services. He died in December 2008. Crombie says the project is an unprecedented investment in Mississauga.

"We`re very excited this new M City project will be built here on the Rogers land with 10 buildings on 15-acres and a dedication of two acres of parkland right in the downtown core of our city," she said during a news conference Tuesday. `It`s adding to our plan of a liveable, walk-able downtown.` 

M City Mississauga

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Ishtiaq Ahmed

Ishtiaq Ahmed

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CENTURY 21 Innovative Realty Inc., Brokerage*
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