[URBAN NOTE] "Would You Want to Live in a 10-Tower Mississauga Condo Complex Developed By Rogers?"

[rfmcdonald]

Torontoist reports on a shiny new condo development in Mississauga.

Hold your breath, Rogers is getting into the condo game.

The Rogers Real Estate Development company, which is privately held, announced plans to build a 10-condo-tower complex billed as “M City” in Mississauga, with the tallest tower measuring in at 51 storeys. First reported by BuzzBuzzHome, the $1.5-billion, 6,000-unit, six-hectare project will be built in downtown Mississauga, a short walk from the Civic Centre.

Proposed to be built on a parcel of land reportedly purchased for $170,000 in the 1960s by the Rogers family and originally intended for a radio transmitter, the ambitious proposal is part of a larger plan for Mississauga. Over the weekend the city to the west of Toronto announced a 120-hectare proposal along its waterfront, which Finance Minister and local MPP Charles Sousa said “will be much better than Toronto.” The project will include 26 hectares of protected green space, and take seven to 10 years to build.