Mississauga City Centre is The Place to Live!!

INDEX
OPINION:  Downtown21 and our vehicles!
Ground broken for college campus
City approves Sheridan lease
Sheridan College is coming to City Centre
City Centre Community Profile (Planning and Building Department, City of Mississauga) 

ACHIEVEMENT 
JUAN SANTOS, MBA, BROKER OF RECORD

TOP #1 REAL ESTATE AGENT FOR 388 PRINCE OF WALES DRIVE*
(* by the total number of all reported transactions combining the representation of all sides: Buyers, Sellers, Landlords, and Tenants; as per Toronto MLS Statistics, August-1st 2010).

TOP #1 REAL ESTATE AGENT FOR 388 PRINCE OF WALES DRIVE*
(* by the total number of all reported transactions combining the representation of all sides: Buyers, Sellers, Landlords, and Tenants; as per Toronto MLS Statistics, July-1st 2010).

TOP #1 REAL ESTATE AGENT FOR 388 PRINCE OF WALES DRIVE*
(* by the total number of all reported transactions combining the representation of all sides: Buyers, Sellers, Landlords, and Tenants; as per Toronto MLS Statistics, June-1st 2010).

TOP #1 REAL ESTATE AGENT FOR 388 PRINCE OF WALES DRIVE*
(* by the total number of all reported transactions combining the representation of all sides: Buyers, Sellers, Landlords, and Tenants; as per Toronto MLS Statistics, May-1st 2010).

OPINION:  Downtown21 and our vehicles!
We were at the Public Presentation for Downtown21 Master Plan last April 19th to know more about the future development of Downtown Mississauga.  It is an amazing macro project that will change the face of our current downtown core.  But one simple question came to our mind: “Where do we put our cars?.”  The model considers a well planned urban pedestrian friendly environment, with small streets, wide sidewalks, promoting a vibrant and walkable space, but, are we willing and prepared to get rid of our vehicles?.

If we are planning to double the population in the City Centre area it is time to incorporate more solutions today for the coming transit/traffic/parking problems of the future.  Current projects in development like Sheridan College Campus will incorporate 5,000 students but apparently only 350 parking spaces; Whole Foods Market at the corner of Rathburn Rd W and City Centre Dr is eliminating an important parking lot corner from Square One Mall but apparently adding no parking underground.  On other hand major roads like Burnhamthorpe Rd is proposed to be converted from 6 lanes to 4 lanes, can we imaging the new Burnhamthorpe Rd in rush hour?
 
New buildings are coming but the typical ratio parking-per-unit is below to the current demand.  Our street paid parking rates at downtown core are unaffordable, if we calculate the monthly bill.  We can see that Confederation Pkwy paid parking spaces remain underused, at the same time we have frustrated condo residents placing ads for renting an extra parking spot at their buildings.

Downtown developers can make a good profit by adding an extra level of underground parking.  Currently, the price of an extra parking space at new projects in the City Centre area is in the range of $20,000 to $25,000 for a typical 16’x9’ parking space (144 square feet), so that is $140 to $170 per square foot of a plain underground parking space, which is half price of one square foot of a brand new fully finished apartment.  Not bad business at all.
Juan Santos, MBA
Broker of Record, City Centre Real Estate Ltd., Brokerage (www.citycentrerealestate.ca)
President of the Mississauga Condominium Alliance (www.condominiumalliance.com)

Ground broken for college campus

 
First day of school. This artist"s rendering depicts the new Sheridan College campus in the city centre when it opens in 2011. Some 1,700 students will attend classes at the $46-million facility. Supplied photo

Officials broke ground today on a new Sheridan College campus in the city centre where some 1,700 students will attend classes when the school opens in the fall of 2011.
Actual construction on the 150,000 sq. ft. facility will begin in February. The $46-million facility will accommodate 1,200 business students and 560 spaces for new Canadians being retrained to enter the workforce.
When phase two of the campus is built after 2011, bringing the potential student enrollment to 5,000.
The campus will be located on an 8.5-acre parcel of land, just north of the Living Arts Centre, between Prince of Wales Dr. and Rathburn Rd. W. and will include such features as a pedestrian bridge, open parkland and a traffic roundabout.
Phase two will include the construction of a 10-level municipal parking garage.
Mayor Hazel McCallion was on hand at today"s groundbreaking along with hundreds of others who convened at the Civic Centre. She told the gathering she was thrilled to finally see her dream of a college in Mississauga come to fruition. She said it will add vibrancy to the city centre that has been missing.
"I had a vision out here of a mini convention centre with a hotel which didn"t work out, but I can"t think of a better exchange for that than Sheridan College," McCallion said with a laugh, referring to the controversial land deal that is now the subject of a judicial inquiry. "This has been a dream of mine. I recall well when I met with Rob -Dr. Turner, president of Sheridan College- and said, "Will you please bring Sheridan back to Mississauga?" And he did."
Turner, who is retiring after eight years at Sheridan, said having a campus in Mississauga has long been his goal.
"This will be transformational for Mississauga ... like nothing else," he said. "It will be a bold catalyst in the city centre. Thousands of business students will be living, studying and injecting their enthusiasm in the city. It will be an amazing dynamic right here in downtown Mississauga."
Sheridan"s Student Union co-presidents, Crystal Bennett from the Oakville campus and Sparkle Grant from the Brampton site, were on hand to share in the excitement. Both students are studying business and both live in Mississauga. They agree that having a campus in the city centre makes sense and they would have loved to go to college in the city where they grew up.
"It would have been great to have Sheridan here while we were studying. It would have cut down on our commute," Grant said. "It would have helped us to be more a part of the Mississauga community."
Funding for the campus comes from the Knowledge Infrastructure Program and Ontario"s 2009 budget. The province and the federal government chipped in a total of $31 million. Sheridan, through fundraising projects and other sources, also supplied $15 million. The City will lease the land to Sheridan and will operate two municipal parking lots with at least 352 parking spaces.
The details of the construction contract haven"t been finalized yet.

 Source: Mississauga News
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 City approves Sheridan lease

According to this article published in Mississauga News on October 29th, 2009, "City Council yesterday approved a lease agreement that will bring a Sheridan College campus to the heart of City Centre.
In its first phase of development, Sheridan’s Mississauga campus will accommodate 1,760 students when it opens in fall 2011. An additional 3,740 students will follow in phase two, bringing the potential student enrollment total to 5,000.
“We’re excited that Sheridan will be our partner in building a state-of-the-art post-secondary institution and an integrated community park in our downtown,” said Mayor Hazel McCallion. “This is a plan and partnership that brings our Strategic Plan and our City Centre to life.”
The campus will be located on a 8.5-acre parcel of land just north of the Living Arts Centre. The school will have two main concentrations: business education and programs to accelerate the movement of new Canadians into the workforce.
In May, the federal and provincial governments provided Sheridan a combined $31.23 million in new infrastructure dollars toward building a college campus in Mississauga.
“Our City Centre is the ideal location for a college or university. We look forward to Sheridan College participating in new and innovative plans to inspire and connect youth to our city, and help our businesses and economy grow,” said Ward 4 Councillor Frank Dale, who represents the area. “This partnership with Sheridan also advances the City’s Downtown21 Plan which will create vibrant, pedestrian-friendly urban places in the City’s core.”
The City and Sheridan also reached agreement on sharing costs to service and develop the property as well as the construction and operation of two municipal parking lots with at least 352 parking spaces.
“This is a unique partnership that resulted from a close collaboration between the City and Sheridan staff who share our vision for expanding education opportunities and bringing a new vibrancy to our downtown,” said City Manager and CAO Janice Baker. “This will be the first of many new options for youth, new immigrants and others to pursue their education in Mississauga as we continue to bring more post-secondary institutions to our City to meet our strategic plan objectives.”"
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Sheridan College is coming to City Centre

We love you Hazel McCallion!!
 

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