The province is pushing municipalities to look for the opportunity to increase density in areas that could accommodate some intensification, and that already have transportation and other infrastructure. Mississauga is looking for new revenue streams, and new development equals more revenue. City representatives came to the meeting and told us that from their perspective Ward 3 has all the right services in place to move forward with encouraging new development.
Mississauga is looking at development in every potential space they can identify for intensification. This includes the land around Rockwood Mall, The Kingsbury Plaza and every apartment building with some currently unused land.
Intensification of plaza property may be anything from adding residential units in the parking lot to tearing down the existing plaza and replacing it with retail, condos above the stores, and possibly satellite buildings or town homes. This is currently underway at Humbertown Plaza in Etobicoke at Royal York and Dundas. Adding new development around existing apartment buildings is exactly what is planned for Forest Park and what has already been approved for 1315 Bough Beeches.
If by some chance we win the “battle” over Forest Park, it looks like OMB may win the “war” again.
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