Mississauga 325 Burnhamthorpe Road West | 206.15m | 65s | RGF Developments | Turner Fleischer

Development applications are up but are only preliminary massings.
Under Ward 4, "325 Burnhamthorpe Road West": https://www.mississauga.ca/services...applications/active-development-applications/

3D Perspectives: 1, 2, 3, 4
Site Plan
Ground Floor - Floor Plan
Elevations: East/West, North, South
Turner Fleischer, 2 phases, 5 towers: 52, 57, 59, 62, 65 stories. Tower 4, the tallest is at 195.15m tall.

The 1st phase will be located on the parking lot and consists of 3 towers at 52, 57, and 62 stories.
The 2nd phase will be located on the site of the YMCA and consists of 2 towers at 59 and 65 stories.

325.jpg

325 Site.jpg

Ground Floor:
Floor 1.jpg
 
The retail sections seem to be completely disjoined and prominent street sections are taken by condo lobbies. I prefer the opposite side of confederation where the entire street frontage is retail/commercial.
 
A database entry has been added for 325 Burnhamthorpe Road West, Mississauga. The two-phased mixed-use development bounded by Burnhamthorpe Rd W on the south, Confederation Parkway to the west, City Centre Drive to the north and Living Arts Drive to the east.
The architect is Turner Fleischer Architects and the developer is RGF Developments Inc. / Holborn Group.

Here are the 3D perspectives taken from the latest documents submitted in Feb 2022:
W4_325_3d_Perspectives_4_Feb2022-001.jpg
W4_325_3D_Perspectives_3_Feb2022-001.jpg
W4_325_3D_Perspectives_2_Feb2022-001.jpg
W4_325_3D_Perspectives_1_Feb2022-001.jpg
 
Council has approve the development as well replacing a plan road to a walkway. The project is to be built in 2 phases.
 
Updated development applications are available here, under "325 Burnhamthorpe Road West".

Elevations: East/West, North, South

Burnhamthorpe/Living Arts:
img6.jpgLooking north:
img8.jpg

Burnhamthorpe/Confederation:
img10.jpg

Confederation/City Centre:
img12.jpg

img10.jpg

City Centre/Living Arts:
img8.jpg

Looking west:
img6.jpg

Midblock on Burnhamthorpe:
img12.jpg
 
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Isn’t there going to be a path down the middle like all the condos to the north with their townhouse path?
 
Anticipated launch for fall 2024, pending interest rates:

Redevelopment of Mississauga YMCA site​

RGF (Mississauga) Developments Inc., led by HBNG, purchased the Mississauga YMCA and an adjacent 182-space parking lot at the northeast corner of Burnhamthorpe Road West and Confederation Parkway for $90 million in December 2020.

It’s working on a site plan application for the 4.5-acre property that would see the construction of five condominium towers ranging in height from 52 to 65 storeys, built over two podiums with ground-floor retail.

With an eye to current economic conditions, the goal is to launch sales for Phase 1 of the two-phase project in the fall of 2024.

The Bank of Canada raised the overnight interest rate by 25 basis points to 4.75 per cent on June 7, which Stevenson said could hinder an already slow condo sales environment.

“A lot of folks out there, including ourselves, are just waiting to see what the reaction is going to be in the marketplace. It's definitely going to be tough for 2023 and going into early 2024, but our hope is that by the end of 2024 the interest rates will start to come back down again and the market will start to pick up.”
Click to expand...
renx.ca

HBNG Holborn busy on development front, names first president

HBNG Holborn Group has appointed its first president to further drive its expansion plans, which include two recently acquired retail properties and a host of planned developments in the Greater Toronto Area, Southern and Central Ontario.
renx.ca renx.ca
 
Lake Ontario said:
Anticipated launch for fall 2024, pending interest rates:

renx.ca

HBNG Holborn busy on development front, names first president

HBNG Holborn Group has appointed its first president to further drive its expansion plans, which include two recently acquired retail properties and a host of planned developments in the Greater Toronto Area, Southern and Central Ontario.
renx.ca renx.ca
Click to expand...
Interest rates will likely be hiked again in July, per TD. Hopefully that doesn't prolong the start of this project by too much.
 
Anastasia said:
Interest rates will likely be hiked again in July, per TD. Hopefully that doesn't prolong the start of this project by too much.
Click to expand...
Markets are predicting a relatively steep drop in rates towards the end of 2024 - we'll see if it happens of course, but that is what the markets are pricing out right now.
 
ProjectEnd said:
Oh good, just realized this is where we're at with this pile:

Tower 1: 744 units - 4 cabs
Tower 2: 639 units - 4 cabs
Tower 3: 590 units - 4 cabs
Tower 4: 824 units - 4 cabs
Tower 5: 726 units - 4 cabs

Fun times...
Click to expand...
What are cabs
 
ProjectEnd said:
Oh good, just realized this is where we're at with this pile:

Tower 1: 744 units - 4 cabs
Tower 2: 639 units - 4 cabs
Tower 3: 590 units - 4 cabs
Tower 4: 824 units - 4 cabs
Tower 5: 726 units - 4 cabs

Fun times...
Click to expand...
This is absurd. Unfortunately, average buyers don’t even look out for these numbers till they or their poor tenants move in and one cab is out of service, one more is reserved for moving and they have to wait 20 minutes to go up to their unit. The cities should have strict guidelines to mandate some meaningful minimum ratios but given the current provincial government they may not be able to enforce such guidelines even if they existed.
 
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