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The Times Group Corp. to build 88-acre, 5,000 unit Uptown Markham development starting this year

The urbanization of Markham continues with the imminent development of an 88-acre site near Unionville.

Though the towers will be high and tightly packed, totaling about 5,000 units, the $2.5-billion plan, developed with Kirkor, includes 50 acres of greenspace.

The site is currently undeveloped greenfield.

The first phase, two towers with 560 condos between them, is scheduled to begin construction later this year, with an end of 2013 or beginning of 2014 completion.

Elmar Busch, marketing director for the developer, Times Group Corp., says the project, named Uptown Markham, is "probably one of the three or five largest new developments in North America."

Despite its suburban location, greenfield construction and Markham's transit shortcomings, Uptown Markham is gunning for LEED Gold certification.

Writer: Bert Archer
Source: Elmar Busch

Do you know of a new building going up, a business expanding or being renovated, a park in the works or even a cool new house being built in the neighbourhood? Please send your development news tips to bert@yongestreetmedia.ca.

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