Oxford Properties Unveils Plans to Develop Toronto’s Largest Mixed-Use Project
Oxford Properties Group revealed designs for Union Park’s 4.3 million square foot mixed-use development. With support from Toronto’s Adamson Associates, the Pelli Clarke Pelli Architects designed project is a four acre site located the north of the Rogers Centre and CN Tower.
“This is a transformational project in one of the most exciting development nodes in Toronto,” said Eric Plesman, Executive Vice President of North America, Oxford Properties. “Befitting its status as one of the largest redevelopment projects in North America, and the largest in Toronto’s history, Union Park will feature world-class design from a globally-renowned architecture team. Our goal at Oxford is to connect people to exceptional places, so we are creating an ambitious project that adds to Toronto’s ongoing evolution as a world-class city to live and work in.”
The two tower mixed-use development will comprise 3.3 million square feet of office space, approximately 800 units of residential rental apartments, and 200,000 square feet of retail, including food and beverage.
According to the project’s developers, the new structure will also deliver an improved one-acre Isabella Valancy Crawford Park.
Plesman states that the development will bring tens of thousands of jobs to Toronto, while creating a progressive new workplace and community.
“The population in Toronto’s core has exploded over the past decade, and our family-friendly multi-bedroom apartments and day-care will help to address the need for housing that allows families to continue living in the core,” said Plesman.
In addition, the podium levels will feature large office floor plates of approximately 100,000 square feet, and the PATH system will be extended west from the Skywalk to Peter Street.
“Union Park will be a world class mixed-use project that will leverage the experience we have garnered through developing and owning some of the best office, retail, and residential properties across the globe,” said Mark Cote, Head of Development, Canada, Oxford Properties.
Designed by OJB Architects, Union Park’s planners aspire to build a two-acre urban park that spans between Blue Jays Way and the John Street Bridge to deliver public green space in Toronto’s downtown core.
“The new park is a unique opportunity to create a true city-building project that benefits our city for generations to come. It perfectly complements the City’s own Rail Deck Park plans by expanding it to the east and, together, we can create a landmark communal space for Torontonians and visitors from around the world to enjoy. Our plans are at a very early stage, but we look forward to working with the multiple stakeholders and adjacent land owners involved to make this opportunity possible for the city,” said Cote.